Years behind schedule and billions over budget, the Snowy Hydro 2.0 hydroelectricity scheme has transformed from a nation-building ambition to a stark symbol of the nation’s disjointed energy planning and its struggle to build big.
As The Australian Financial Review reported on Thursday , the price of the giant energy storage project is set to blow out to as much as $25 billion, and its completion is delayed by nearly a year after construction problems and overruns forced the federal government to drastically revise its forecast.
Gift articles to anyone you choose each month when you subscribe.
