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November 24, 2021

Snowy 2.0, Australia

By Carmen

Snowy 2.0 is a 2,000MW hydro power project. It is planned in New South Wales, Australia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 2,000 2,000 Permitting New South Wales, Australia Snowy Hydro

Description

The project is being developed and currently owned by Snowy Hydro.

Snowy 2.0 is a pumped storage project. The project is expected to generate 350 GWh of electricity. The project cost is expected to be around $3,000m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2025.

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Contractors Involved

Voith Hydro Holding will be the turbine supplier for the hydro power project. The company is expected to provide 6 units of francis turbines, each with 333MW nameplate capacity.

Voith Hydro Holding is expected to supply 6 electric generators for the project.

About Snowy Hydro

Snowy Hydro Ltd (Snowy Hydro), a Commonwealth Government Business Enterprise, is an integrated energy utility. It has presence in the entire energy cycle, including production, supply, trading and retail of electricity in the National Electricity Market, and providing risk management financial hedge contracts to wholesale customers. The company produces electricity using the gas, solar, hydro and diesel sources. Snowy Hydro captures, stores, diverts water and releases it for the use of irrigators, town water supplies and environment. It operates plants in New South Wales, Victoria and South Australia. Snowy Hydro is headquartered in Cooma, New South Wales, Australia.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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