Lumo Energy acquisition helps Snowy Hydro reach major milestone

November 21st, 2014

In September, Snowy Hydro achieved a major milestone in our proud and successful history, becoming the fourth pillar in the National Electricity Market with the goal of securing our long term future. In a deal worth $605 million, Snowy Hydro has acquired Infratil’s Australian Energy Market Assets. This purchase includes energy retailer Lumo Energy, utility connection service company Direct Connect and 163MW of peaking generation assets in South Australia and NSW. Lumo, like our existing Red Energy business, is a very successful energy retailer with an enviable record in product development and customer service. They have achieved strong growth over

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New lease of life for Khancoban Boat Ramp

October 29th, 2014

Snowy Hydro and the Tumbarumba Shire Council have been working together to give a new lease of life to the area around the Khancoban Boat Ramp. A proposal that aims to increase the number of visitors and improve visitor experience around Khancoban moved one step closer recently when Snowy Hydro and Tumbarumba Shire Council signed off on a lease for the Khancoban boat ramp, picnic area and surrounds. Snowy Hydro was approached by Tumbarumba Shire Council seeking support for a proposal that would see free camping provided on Council owned land adjacent to the boat ramp.  A few concerns about

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The facts around the Jindabyne Shared Trail

October 20th, 2014

Many in the Community would be aware that the Jindabyne Shared Trail near the Snowy River Shire Council (SRSC) water treatment plant has been closed for some time after the discovery of dumped fibro asbestos fragments last year. Immediately after the discovery was made, SRSC closed the affected 400m section of path while visible fragments were picked up and air quality monitoring was carried out. Although the air quality monitoring showed that there were no airborne fibres, the SRSC made a decision at this stage that it would keep the trail closed until a long term solution was found with

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Recognising the 65th Anniversary of the Snowy Scheme

October 17th, 2014

The Snowy Mountains Scheme has a very rich and proud history. It is an iconic part of Australia’s history, the legacy of which is still evident today. I personally have strong admiration for the quality of workmanship shown by all the men and women who built the Snowy Scheme. Now, 65 years on, it’s hard to imagine undertaking such a significant project, within such a harsh environment and without the technology we have access to today. They did an incredible job. As the stewards of the Snowy Scheme, Snowy Hydro is committed to a rigorous program of asset maintenance and

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Snowy Hydro set to release the 2014 Snowy River Flushing Flows

October 13th, 2014

From Monday 13 October to Thursday 16 October 2014, Snowy Hydro will once again open a Temporary Public Viewing Area at the Jindabyne Dam so members of the public can view the Snowy River Flushing Flows for 2014 (click here to view map to viewing area). The pattern of daily releases from Jindabyne Dam down the Snowy River seeks to emulate flows in a natural unregulated snow melt river system. This means that the operation of the release valves will be a regular feature during winter and spring as a number of high flow events will be delivered. A flushing

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My first year as CEO of Snowy Hydro – by Paul Broad

October 3rd, 2014

Recently, I completed my first year as CEO of Snowy Hydro – and what a year it has been.  My first visit to the Snowy Scheme was in 1998 and I loved it from that day.  There has been a great relationship between Snowy and I for all that time, in my previous life as a CEO of Energy Australia I was one of Snowy’s biggest customers and I’ve always admired the team here and the way Snowy does business. I long coveted the chance to work here – so when that opportunity came up a year ago now, I

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Snowy Hydro acquires Lumo Energy

September 13th, 2014

Snowy Hydro is poised to write a brand new chapter in its iconic history with its acquisition of Infratil’s Australian Energy Market Assets, including the retailer Lumo, in a deal worth $605 million. The purchase includes 163MW of peaking generation assets in South Australia and NSW, the company ‘Direct Connect’ (a one stop utility connection service) and Lumo’s electricity and gas retailing business, which has more than 540,000 customers in Victoria, South Australia, NSW and Queensland. Combined with the existing Red Energy business, Snowy Hydro’s retail customer base will now total almost 1 million customers across four States, marking a

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Snowy Hydro wins two Australian Business Awards!

August 1st, 2014

Snowy Hydro Limited has won Australian Business Awards in the categories of Innovation and Community Contribution for 2014. Snowy Hydro was recognised for our outstanding commitment to the community through the creation, development and implementation of our Community Partnerships Program. The Community Partnerships Program provides both financial and in-kind support to local communities, supporting initiatives that fit with our business, values and culture and that are valuable to the people of our region. Snowy Hydro was also awarded for innovation through the use of the Unmanned Underwater Vehicle (UUV) to assess tunnel condition in the Snowy Scheme.  The Award for

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Understanding our weather and climate

April 7th, 2014

Over the years we’ve kept you up to date with our internationally renowned Cloud Seeding Program, but aside from the obvious benefit of more snow, you may not realise that there have been many other benefits from the scientific research. Take, for example, the high-resolution network of weather stations installed in and around the Snowy Water catchment, including a number of specialist instruments that measure snow more accurately than the standard rain gauge . The knowledge of Snowy Hydro’s scientists who run the cloud seeding operations, along with the data from this world-class instrument network, is now being put to

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Snowy Hydro SouthCare Base Open Day – 30 March 2014

March 28th, 2014

Snowy Hydro SouthCare Base Open Day When:     SUNDAY 30 MARCH: 10am – 3pm Where:   Monaro Highway, 2km South of Hindmarsh Drive Each year Snowy Hydro SouthCare invites the public to its helicopter base at Hume to see the helicopter up close, meet the crew and enjoy a day of entertainment, market stalls, rides and helicopter joy flights (Helisurveys). Support your local rescue helicopter and learn more about the vital role our service plays in the community. Entry by gold coin donation.

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