Snowy Hydro
Renewable Energy
The National Electricity Market (NEM) has long been an outstanding example of Australiaβs microeconomic reform. It brought much needed competition to an industry once dominated by inefficient, state-run enterprises. Snowy Hydro has been at the heart of this market, with volatility being the key driver of value for our business. Our unique portfolio of fast […]
Snowy Hydro welcomes the New South Wales Governmentβs planning approval for Snowy 2.0 Exploratory Works today. The decision, which follows a rigorous environmental and planning assessment process, is another significant milestone in progressing the project. Snowy Hydro hopes to commence work for Snowy 2.0 soon, subject to Shareholder approval from the Federal Government. Snowy Hydro […]
Snowy Hydro announced the signing of eight wind and solar contracts today to provide cheaper energy to 500,000 households. The eight projects, totalling 888 megawatts (MW), are located across New South Wales and Victoria and are expected to generate about 2.8 terawatt hours of energy annually. The new renewable energy generation, βfirmedβ by existing Snowy […]
An Environmental Impact Statement (EIS) for Snowy Hydroβs proposed Snowy 2.0 Exploratory Works has been released for a 28-day public exhibition period. Snowy Hydro is seeking approval to proceed with a program of Exploratory Works to gain a greater understanding of the underground geological conditions at the likely location of the proposed Snowy 2.0 underground […]
CEO, Paul Broad, weighs in on the recent blackouts in South Australia and the implications for the National Electricity Market… Australia has been blessed with relatively cheap energy and we have grown as a nation as a result of it. A key part of that growth has been having enormous renewable resources such as Snowy […]
Snowy Hydro Limited has been recognised as an ABA100 Winner in The Australian Business Awards 2016 in two categories β Community Contribution and Communication Excellence. This is the sixth time Snowy Hydro has been recognised by the Australian Business Awards for their outstanding Community Partnerships Program. Managing Director & CEO of Snowy Hydro, Paul Broad […]