It was Malcolm Turnbull's Big Idea, taking back the initiative amid mounting concerns over the reliability of the electricity grid and spiralling power prices.
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| Malcolm Turnbull is supportive of plans to expand the Snowy Hydro scheme. |
Turnbull, standing in front of the Tumut 3 power station deep in the Snowy Mountains, announced in March plans for the Southern Hemisphere's biggest power-grid battery, capable of powering hundreds of thousands of homes and helping to stabilise the grid.
This would be Snowy 2.0, harnessing the iconic Snowy Mountain hydro scheme to create a giant battery that would move Australia's electricity grid into the new age of renewables by making solar and wind power more reliable. It would be, the Prime Minister declared, a "game changer”.
Turnbull has put $500,000 towards Snowy Hydro's detailed feasibility study into building the first stage, a 2000 megawatt project christened Snowy 2.0. By the end of the year we should know whether his vision will stack up.
Read The Sydney Morning Herald story - “After the flashy announcement, here's what's next for the Snowy Hydro expansion.”
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