Snowy Hydro Limited is an electricity generation and retailing company in Australia that owns, manages, and maintains the Snowy Mountains Hydro-electric Scheme which consists of nine hydro-electric power stations and sixteen large dams connected by 145 kilometres (90mi) of tunnels and 80 kilometres (50mi) of aqueducts located mainly in the Kosciuszko National Park. Snowy Hydro also owns and operates two gas-fired power stations in Victoria.
The company is jointly owned by the Commonwealth (13%), New South Wales (58%) and Victorian (29%) governments and whilst not a statutory corporation, is established by the Snowy Mountains Hydro-electric Power Act 1949 (Cth). Prior to its incorporation under the Corporations Act 2001 (Cth), the company was previously known as Snowy Mountains Hydro-electric Authority.
Generating assets
The company manages the Snowy Mountains Scheme which generates on average around 4,500 gigawatt hours of clean, renewable energy each year, which is around 37% of all renewable energy in the mainland National Electricity Market in 2010.
"i am birth - i am death i'm an elusive symbol for eternal come and go for come and go i have come - i have gone i have shown you moira and her restless re-creation your own re-creation" "never, no never the day will go down on me within knowing him by my side sothis, o sothis, don't pass me again before i know how to heal
The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion ....
A major transmission project that will connect Snowy Hydro2.0 to the energy grid has received final government approval, taking the total cost of the pumped hydro scheme to almost $17 billion ... .
Hydropower can be a little better again, perhaps generating power 50% of the time - although we've all read about the challenges of Snowy Hydro 2 which is currently predicted to start seven years late ...
But Mr Smith countered by saying battery storage technology was still inefficient, which meant renewable energy would only work if there was back-up energy storage from pumped hydro to achieve zero carbon emissions.
Delays completing Snowy Hydro’s Hunter gas-fired plant near Newcastle, though, mean its 660MW plus probably won’t be ready by January, as recently hoped.
TodayTreasurerJim Chalmers belled the cat about the deteriorating state of the economy ... But in truth Labor is keeping its options open ... The slug of an investment the NBN is off budget, as is the costly Snowy Hydro2.0 scheme ... Jim Chalmers. .
LNP will need to show Brisbane voters it can be a moderate government if it’s to stay in power. Read more ...Sign up to Breaking NewsAustralia ... “[But] if we look at Snowy HydroLimited, they used federal powers in the constitution to make that happen ... .
The planned state-owned Pioneer-Burdekin pumped hydro scheme near Mackay – more than double the size of Snowy 2.0 – is seen as a critical part of the supergrid and would act like a giant battery that could release energy over 24 hours.
Charlie Salvestro lied about his age to join Australia's largest-ever engineering project. His family's connection to the Snowy HydroElectric Scheme has been passed down generations ... .
The nation-building Snowy Hydro scheme came at a huge cost for the people of Old Adaminaby, some of whom are still lamenting their loss more than 65 years later ... .
Migrants changed Cooma forever when they arrived to work on the Snowy HydroProject 70 years ago. Now Snowy Hydro 2.0 is attracting more families from different countries ... .
Migrants changed Cooma forever when they arrived to work on the Snowy HydroProject 70 years ago. Now Snowy 2.0 is attracting more families from different countries, and the women are thriving ... .
