Snowy Hydro has once again been recognised as an ABA100 Winner for Community Contribution in the Australian Business Awards 2015. This is the fifth time Snowy Hydro has received the Community Contribution award, demonstrating the value of the organisation’s Community Partnerships Program. Since the first blast was fired during construction of the Snowy Mountains Scheme in 1949, Snowy Hydro has been a major employer in the region and a valued part of the local community. The Community Partnerships Program targets investment where it will have a positive impact and generate long-term benefits for the communities of the Snowy Mountains region.
Snowy Hydro is continuing to evolve and grow and we are embarking on the next chapter of our journey. As we continue to focus on maintenance, innovation, achievement and adapt to a changing water and electricity market environment, it’s important that we keep communities and visitors educated. The ‘Power of Water’ booklet has been available throughout our visitor centres for a number of years and provided an overview of the Scheme. To better document the modern Snowy Hydro, a new booklet has been produced – ‘The Story…so far’. ‘The Story…so far’ takes readers on the journey to discover the story
Snowy Hydro is again trialling the use of unmanned submersible vehicles to monitor the condition of hard to access Scheme assets. While the Snowy Scheme is one of the civil engineering wonders of the modern world, many of its assets are difficult to reach due to the Snowy Mountains terrain and the challenges associated with the sheer volume of water flowing through the Scheme. With the help of Perth-based company Synaya, the Civil Engineering and Dam Safety team are using a Mini Remotely Operated Vehicle (ROV) to conduct inspections of some of our hard to access assets, such as the
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
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
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
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
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
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
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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