News

Happy New Water Year

June 30th, 2015

Every year at midnight on April 30, Snowy Hydro rings in the New Year of a different sort.  In addition to calendar years and financial years, Snowy Hydro also runs on a water year, from 1 May to 30 April. The original vision for the Snowy Scheme was a water vision: to mitigate the effects of drought on irrigated agriculture in the Murray-Darling Basin. The Scheme only became reality when governments worked out how to pay for it – by generating electricity. Operating to a water year helps to strike a balance between long term water interests over multiple years

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Snowy Hydro releases ‘SnowyLIVE’ water app

June 23rd, 2015

Real time water information from the Snowy Scheme is now available on your smart device through Snowy Hydro’s free SnowyLIVE water app. Over the last year Snowy Hydro has been creating the app with development specialists Spatial Vision, and SnowyLIVE can now be downloaded from either the App Store (for Apple devices) or Google Play (for android devices). Users can access a number of features including lake levels of Jindabyne, Eucumbene and Tantangara, and water releases from Jindabyne Dam, Tantangara Dam and Khancoban Dam. “Lake levels is one of the most commonly accessed pages on the Snowy Hydro website so

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Customer Service is core to our business

June 22nd, 2015

CEO, Paul Broad, gives an update as to where the Snowy Hydro business is at and how we are now positioned as the fourth pillar of the National Electricity Market… The energy industry continues to be challenged by reduced demand, changing market conditions and the rise of consumer generated and controlled energy and storage solutions. We’re seeing our competitors respond by shifting their focus and business strategies. While there are challenging times ahead for energy generators and retailers, Snowy Hydro is well placed to respond to the emerging market challenges. Our strategy over recent years has placed us in a

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Lake Jindabyne Shared Trail now open

June 5th, 2015

The Lake Jindabyne Shared Trail is open again to the general public after the completion of remediation works. Snowy River Shire Council and Snowy Hydro are pleased to announce that the Lake Jindabyne Shared Trail linking Jindabyne to Tyrolean Village is now open and available to ride or walk. Works to remediate asbestos contamination at Copper Tom Point are complete. All works have been completed under a detailed Asbestos Management Plan in accordance with the relevant public health guidelines. A Clearance Certificate for the site has been issued by an accredited asbestos assessor. Volunteers from the Jindabyne Trail Stewardship have

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Scheme Modernisation commences at Tumut 1

March 30th, 2015

Snowy Hydro’s Scheme Modernisation Program continues and 2015 sees the commencement of works at Tumut 1 Power Station. This year will see the continuation of our Scheme Modernisation program with Tumut 1 Power Station, located near Cabramurra, next in line to be refurbished and upgraded. Tumut 1 Power Station is located 366 metres below ground, which creates a number of logistical challenges, requiring detailed and intricate planning to ensure the works can be completed safely and efficiently. The Tumut 1 modernisation works are worth a total of $68 million and will be completed over the next four years.  There are

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2015: Year of Delivery for Snowy Hydro

March 17th, 2015

What a year 2014 ended up being with the purchase of Colongra Power Station, the largest gas-fired generation plant in NSW, right on Christmas Eve.  This is a fantastic addition to our company, and as a peaking plant, is an excellent fit with Snowy Hydro’s asset portfolio.  Snowy Hydro now owns and controls 1,287 megawatts (MW) of gas-fired peaking power stations. This acquisition, along with our recent purchase of Lumo, is a significant step forward in achieving our vision of being the ‘fourth pillar’ in the National Electricity Market. We have been in the market for a gas fired power

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Snowy Hydro takes ownership of Colongra Power Station

January 30th, 2015

Snowy Hydro’s purchase of the largest gas-fired power station in NSW, the Colongra Power Station, for $234 million, has been completed today. The purchase of Colongra from the NSW Government complements Snowy Hydro’s acquisition of Infratil’s Australian Energy Market Assets, including the retailer Lumo, in September of last year. Snowy Hydro now owns and controls 1,287MW of gas-fired peaking power stations with Valley Power and Laverton North in Victoria and Colongra in NSW. These fast-response, open-cycle gas plants are a perfect addition to Snowy Hydro’s portfolio of hydro-electric assets. Together they provide fuel diversification and transmission risk reduction benefits, in

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Snowy Hydro water smartphone app coming soon…

January 12th, 2015

Snowy Hydro is currently developing a free smartphone app that will provide another way of communicating information about lake levels and water releases to the general public. With the ever increasing use of mobile technology and its benefits to users, we have been investigating and testing this technology internally for some time and are now in the development stage of a public app called SnowyLIVE. Snowy Hydro provides a range of public information about the Scheme including lake levels, water releases and general tourism information, and feel that making this information available through the SnowyLIVE mobile phone app will result

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Snowy Hydro acquires Colongra Power Station

December 29th, 2014

Snowy Hydro has expanded its presence in the National Electricity Market today with the $234 million acquisition of the largest gas-fired generation plant in NSW, Delta Electricity’s Colongra Power Station. The purchase of the 667MW peaking plant complements Snowy Hydro’s acquisition of Infratil’s Australian Energy Market Assets, including the retailer Lumo, in September of this year. The Colongra plant will deliver fuel diversification and transmission risk reduction benefits and, through its addition to the existing Snowy Hydro generation assets in NSW, enable Snowy Hydro to deliver a superior total customer offering in NSW. Snowy Hydro CEO Paul Broad said, “Snowy

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Thank you for your feedback

December 8th, 2014

Snowy Hydro would like to thank the communities of the Snowy Mountains for participating in our 5th biennial Community Feedback project. With the aim of continuing to improve our company communications and to strengthen our partnerships with our local communities, it is essential that we get honest and direct feedback from across the community. We wanted to know what you think regarding our community communications, our community partnership program, our relationships across the local region and your understanding of our business; how it operates and what it needs to prosper in a very competitive industry. Independent specialists undertook this process

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