News

SNOWY 2.0 PROJECT UPDATE – FEBRUARY 2024

28/02/2024

The new Snowy 2.0 power station will boast the latest in hydro technology, delivered by our expert subcontractor Voith Hydro. In the latest project update, Snowy 2.0 mechanical engineer Mahali Heffner details how quality assurance activities and factory acceptance testing is carried out on each power station component.

Every one of the hundreds of pump-turbine-generator components undergoes rigorous testing before it leaves the Voith factory. This is to ensure they meet high quality standards and will operate reliably when the power station is switched on.

A team of Snowy Hydro and independent assessors recently conducted mechanical and hydraulic dimensional checks on the first Snowy 2.0 runner at the Voith factory in Shanghai, China.

The runner is the heart of a hydro turbine – it’s the rotating element that drives the generator to produce power.

Acceptance testing includes checking the profile of the blades and surface examinations.

Dye penetrant testing is used to identify imperfections on the surface of the 31 tonne, 4.2 metres-wide runner. We spray on a red dye, clean it and apply the developer. If imperfections are present, the dye will make them visual.

Snowy Hydro and contractor Future Generation Joint Venture (FGJV) work with Voith and other subcontractors on a range of quality assurance activities as part of the multi-stage manufacturing process.

At Lobs Hole in the Snowy Mountains, power station components including turbine guard valves, spiral cases and draft tube liners are being progressively delivered to site.

Meanwhile, deep underground, excavation of the machine hall and transformer hall cavern crowns have been completed and we’ve almost finished the final side slashing to widen the structures. Drill and blast works are also continuing in the cross passages and tunnels that are an important part of the power station complex.

At the other end of the project at Tantangara, the intake is really starting to take shape. We are well into stage two of the excavation, now approximately 49 metres below ground level and approximately six metres to go. 

We map the cut face to determine what rock support is required and then after the design is confirmed, rock bolts and shotcrete are installed. It’s exciting to see the shape of the transition from intake to tunnel, with the canopy tube rock support in the intake face forming an arch above the tunnel entrance. 

Drill and blast of the tunnel excavation is scheduled to start soon and the first milestone target will be to link up the intake with the gate shaft. 

News

SNOWY 2.0 PROJECT UPDATE – JANUARY 2024 

31/01/2024

Deep underground at Lobs Hole in the Snowy Mountains is the heart of Snowy 2.0, the pumped-hydro expansion of the mighty Snowy Scheme. It’s where we’re building a huge power station complex that will house equipment capable of generating 2,200 megawatts of renewable energy.

In this month’s update we’re celebrating a major power station construction milestone – the breakthrough blast of the machine hall cavern crown.

With excavation of the crown – or ceiling – of the cavern taking place from both ends, the final three metres of rock are drilled and charged with explosives according to a precise blast plan.

The tunnels are cleared and the shotfirer arms the electronic blasting system which uses a unique electrical pulse to initiate firing of the explosives.

According to Snowy 2.0 project director Dave Evans, the machine hall achievement signals further progress after the recent transformer hall cavern crown breakthrough and restart of tunnel boring machine Florence in the headrace tunnel at Tantangara.

“These milestones are only possible with the whole team working together as one, whether they are subcontractors like Orica, the company managing underground blasting operations, or the lead contractor Future Generation and Snowy working so closely together.”

To see the latest Snowy 2.0 project’s statistics, view the fact sheet here.

As the underground drill and blast works continue, the manufacturing of major hydropower components for Snowy 2.0 is also well underway.

Snowy Hydro senior quality engineer Victor Teo is based for part of the year in Shanghai, where Voith Hydro – the company producing major power station equipment for Snowy 2.0 – has a large facility. 

He also travels to nearby cities including Zhuji and in his quality and compliance role, participates in factory acceptance tests and hold point inspections for components being fabricated by subcontractor Shenke such as the draft tube liners and cones, and the huge stator frames.

The draft tube liners funnel water into and out of the power station turbines and are comprised of six segments. They are 4.6 metres high, 30 metres long and weigh 40 tonnes when assembled.

The six stator frames that house the generator are fabricated in two halves and are welded together for a total weight of more than 400 tonnes. 

Snowy Hydro has an integral part to play in establishing high standards of equipment manufacturing, which meet the engineering requirements for our critical Snowy 2.0 project infrastructure.

News

SNOWY HYDRO RELEASES 2023 SUSTAINABILITY REPORT, EXPANDS WIND FARM DEAL

11/01/2024

Snowy Hydro has released its 2023 Sustainability Report, underscoring the company’s commitment to environmental responsibility, community support, and the ongoing pursuit of clean, sustainable energy solutions.

The report outlines Snowy Hydro’s Sustainability Program, which aligns with the company’s integral role in Australia’s renewable energy future. It highlights three prioritised sustainability opportunities for 2023-24:

  • Understanding and mitigating risks associated with climate change 
  • Emissions reduction and facilitating the decarbonisation of the National Electricity Market (NEM) 
  • Strengthening relationships with Traditional Owners and communities where we operate

Snowy Hydro is a major contributor to the reshaping of the NEM to support the transition to a cleaner, low-carbon economy. The company aims to be a driver and enabler of least-cost NEM decarbonisation. 

Snowy Hydro CEO Dennis Barnes said reliability, security of supply, and supporting a sustainable transition would remain the central considerations behind how the company operates, develops and maintains its nationally critical infrastructure.

“As Australia undergoes significant changes in its energy markets, Snowy Hydro remains steadfast in its commitment to delivering clean, sustainable, and affordable energy, contributing to a brighter and more sustainable future for all,” Mr Barnes said.  

“We are already reducing our low emissions intensity profile by investing in new generation technology and materially increased renewable capacity. 

“Investments in the Snowy 2.0 and Hunter Power Projects, the Renewable Energy Procurement Program, and the development of green hydrogen capability directly support that purpose.”

Mr Barnes said energy purchased through Snowy’s wind and solar offtakes continued to grow. The offtakes will deliver approximately 5,200 GWh annually and exceed Snowy Hydro’s expected long-term hydroelectric generation.

The new wind and solar generation Snowy Hydro is enabling will displace more than 33 million tonnes of CO2 per annum. This equates to a 28% reduction in NEM emissions from 2022 levels and approximately 13% of Australia’s total emissions reduction target for 2030.

Mr Barnes today also announced the signing of a further 100 megawatts of renewable capacity from Squadron Energy’s Uungula Wind Farm over 10 years.

“This adds to the 200 megawatts over 15 years that Snowy signed with the project in 2022. 

“We are proud to continue supporting important projects like Uungula Wind Farm which will produce enough renewable electricity to power more than 220,000 homes, and will prevent more than 560,000 tonnes of carbon emissions.”

Snowy Hydro has developed and sold products within a new environmentally-focused product class for its commercial and industrial customers, which includes some of Australia’s largest shopping centres, universities, banks and property managers.

The 2023 Sustainability Report outlines our commitment to supporting local communities through employment, education and environmental responsibility.

Snowy Hydro actively fosters diversity and inclusion, aiming to increase female representation in the workforce (currently at 42.5%), particularly at senior levels.

Snowy Hydro has a long history supporting the local communities in which it operates. This includes partnerships and sponsorships with not-for-profit organisations, community grants programs, contributing to local infrastructure, and economic investment in communities. The Snowy Hydro 2023 Sustainability Report is available to download on the Snowy Hydro website.

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News

BREAKTHROUGH MILESTONE FOR SNOWY 2.0

05/01/2024

Snowy Hydro is pleased to announce another major achievement for the Snowy 2.0 pumped-hydro project, with the breakthrough of the final three metres of the power station’s 223-metre long transformer hall cavern crown.

The Snowy 2.0 delivery team began excavating the transformer hall and machine hall caverns in June 2023. The Snowy 2.0 power station will be located approximately 800m underground at Lobs Hole in the Snowy Mountains. When completed, the machine hall will be 251 metres long and 52 metres high and the transformer hall 223 metres long and 46 metres high. Together they will form one of the largest and deepest caverns in the world, big enough to fit the Sydney Opera House inside. 

Precise drill and blast methods are used to profile the curved cavern crowns (or ceilings) and break up the rock, which is mucked out and followed by surface scaling to remove any remaining loose rock. The exposed solid rock face is then supported with rock bolts and shotcrete. The excavation sequence of the cavern crowns is carefully planned and executed, as the rock mass relaxes and moves inwards as the excavated void increases. These movements are expected and are closely monitored during the process.

So far, about 17,000 cubic metres of material has been excavated from the central heading of the transformer hall cavern crown. The heading has been advanced in 3-4 metre rounds from either end of the cavern for a total of 77 blasts.

The machine hall cavern crown breakthrough will take place in coming weeks, and widening of both cavern crowns, known as side slashing, is ongoing and planned for completion in coming months. Excavation of both power station caverns is set to continue through 2024. 

The breakthrough of the transformer hall cavern crown represents another important milestone for the Snowy 2.0 pumped-hydro project that will significantly expand the existing Snowy Scheme and will provide an added 2,200 megawatts of on-demand power and 160 hours of large-scale renewable energy storage for the National Electricity Market.

Snowy Hydro CEO Dennis Barnes said: “The breakthrough of the transformer hall cavern crown is a really pleasing milestone for the Snowy 2.0 team, reinforcing that we’re making good progress with our underground drill and blast excavation activities. We are well on our way to delivering the largest single project that will help ensure Australia’s secure and reliable transition to renewable energy.”

News

SNOWY 2.0 PROJECT UPDATE – SEPTEMBER 2023

05/10/2023

Following the recent announcement of the Snowy 2.0 project reset, the Snowy Hydro and Future Generation contractor teams are now a single team, working in close collaboration to achieve full commercial operation by December 2028.

The Snowy 2.0 Project Team is focused on excellent environmental outcomes while maintaining all-important safety principles. Safety is the number one priority for Snowy Hydro and core to the company’s values. High expectations for the management of all safety risks extend across the Snowy 2.0 project, without compromise.

Snowy 2.0 is critical to Australia’s transition to a low-carbon economy and when complete it will have broad-scale environmental benefits. Consistent with its responsible operation of the Snowy Scheme in Kosciuszko National Park for almost 70 years, Snowy Hydro is equally committed to minimising potential impacts from Snowy 2.0.

SAFETY PERFORMANCE
– As at September 2023, the project’s 12-month rolling TRIFR (Total Reportable Injury Frequency Rate) is 2.97, below the target of 4.0.**
– There has been a reduction in recordable and serious incidents on the project, with a focus on planning and a coordinated approach to safety management.
– Snowy 2.0 works closely with Comcare and SafeWork NSW and will continue to incorporate lessons learned and findings from the regulator into operational practices. 
**Calculated per million hours worked. Total hours worked to end September 2023: >17.7 million.

Construction of Snowy 2.0 will temporarily impact less than 0.1% of the park with any short-term unavoidable impacts rehabilitated throughout the project, in accordance with environmental project approvals. This includes around $100 million provided by Snowy Hydro to the offsets program for Kosciuszko National Park. Once operational, Snowy 2.0’s footprint within the park will be only 0.01%.

ENVIRONMENTAL PERFORMANCE
– 4 independent audits of the Snowy 2.0 project undertaken since project commencement. 
– 1,500 hours spent annually to proactively monitor the 163 biodiversity sites.
– More than 200 kilograms of native seed collected over three years for rehabilitation activities.
– 27 heritage site excavations and more than 35,00 indigenous artefacts salvaged and currently being documented, adding to the history of the Snowy Mountains Indigenous people. 

In this month’s update from the main worksite at Lobs Hole, Project Integration Manager Paul Smith recaps progress to date with over 40 per cent of Snowy 2.0 now complete, including:

  • Excavation of the 2.85 kilometre main access tunnel, lined with almost 13,000 locally manufactured concrete segments.
  • Excavation of the 2.9 kilometre emergency, cable and ventilation tunnel. 
  • Major upgrade of Ravine Road, the steep and winding 15 kilometre access road into Lobs Hole.
  • Infrastructure to support construction including the main yard workshops, worker campsites and more than 50 kilometres of access roads across three main worksites at Lobs Hole, Marica and Tantangara.

Excavation is underway of the huge 250 metre-long underground power station cavern and the tailrace tunnel, and TBM Kirsten is being modified to excavate the world-leading inclined pressure shaft. Drill and blast to create 11 cross passages and construction tunnels continues.

Above ground, there is plenty of activity across all sites. Lobs Hole Surface Works Project Manager Steve Lee helps ensure the Snowy 2.0 project is delivered in a safe and timely way, and to the quality standards and requirements of Snowy Hydro.

Surface works refers to a broad mix of activity such as haulage of spoil, maintenance of site roads, environmental controls, main yard area activity, office facilities and directional drilling, as well as the Talbingo intake build.

Latest progress on site includes Stage 2 earthworks with a recent blast covering an area of 4,500 square metres. About 10,000 cubic metres of material is being removed as the excavation of the 104-metre-high intake continues.

Snowy 2.0 is the largest renewable energy project under construction in Australia and will provide crucial deep storage central to Australia’s renewable transition. When complete, Snowy 2.0 will deliver 2,200 megawatts of dispatchable generation.

News

NEW LEASE ON LIFE FOR MURRAY 1 TRANSFORMERS

04/04/2022

Snowy Hydro is carrying out a large project to refurbish the Murray 1 Power Station generator step-up transformers, a process that will significantly extend the life of these important Snowy Scheme assets.

Reconditioning and replacement of the bushings will help to increase the lifespan of the transformers by an extra 15 years. Under normal conditions, transformers are expected to operate for 30 to 40 years, but thanks to the thorough effort Snowy puts into maintaining its assets, the Murray 1 Power Station transformers will operate for many years to come – an amazing achievement. 

There have been a number of obstacles to overcome during the course of this project, including road closures along the Alpine Way due to natural incidents, weather extremes in the Snowy Mountains, and above all, COVID-19 and the closing of the border between New South Wales and Victoria. 

Murray 1 is located near Khancoban and Wilson Transformer Company (WTC), based in Melbourne, which was hired to do some of the important work, navigated a six-week   government approval process to cross the border from Victoria to work on the refurbishment through the pandemic.

WTC manufactured a purpose-built dry out tank at its Glen Waverley factory specifically for this major Snowy Hydro project.

The tank is utilised after the team has de-tanked the core and coils – which are then both put inside the dry-out tank. The team completes welding works and modification of the old transformer tank and lid, before re-tanking the unit into the original body.

There are two more Murray 1 transformer refurbishments and bushing replacements remaining, with the last scheduled to be completed in November 2022.

So far, the project has been highly successful, with approximately 100 workers involved, and no safety concerns or injuries. Snowy Hydro appreciates all those contributing to this project for prioritising safety and health above everything else. 

In addition, Snowy Hydro and WTC have worked with many local businesses in the construction, including electrical contractors PHE and Roddy Engineering, both based in Tumut, NSW.

News

Keeping the lights on for generations to come

26/02/2019

At Snowy, we have a proud history and a strong vision. Snowy Hydro, supercharged by Snowy 2.0, will underpin Australia’s renewable energy future and keep the lights on for generations to come.

Almost 70 years after the first sod was turned on the mighty Snowy Scheme, we will do it all again. Today, after consideration of our Board’s Final Investment Decision, we welcome Shareholder approval of Snowy 2.0.

“It’s an exciting time for our Company,” Snowy Hydro CEO Paul Broad said. “Snowy 2.0, like the original Snowy Scheme, is a nation building project that is vital to Australia’s economy and our energy transition.

“This significant expansion of the Snowy Scheme will provide the storage and on-demand generation needed to balance the growth of wind and solar power and the retirement of Australia’s ageing fleet of thermal power stations. In short, it will keep our energy system secure.

“Snowy 2.0 is not only a sound business investment for Snowy Hydro with over 8% return on investment. It also represents the most cost-effective way to ensure a reliable, clean power system for the future.

“When it is completed, Snowy 2.0 will be able to deliver 2000MW of on-demand generation, up to 175 hours of storage, and deliver more competition that will keep downward pressure on prices.

“We are committed to continuing to grow our portfolio of assets, to maximise competition in the National Electricity Market (NEM) and deliver more value to consumers,” Mr Broad said.

Last year Snowy Hydro contracted 888 megawatts (MW) of wind and solar projects which gave us incredible insights into energy pricing. This process confirmed many of the assumptions of Snowy 2.0’s business case, including that the National Electricity Market (NEM) has passed a tipping point. New renewables are now the most economic form of new generation, even when firmed by hydro or gas.

Snowy Hydro existing fast-start assets, and increased capacity with Snowy 2.0, will firm up large amounts of intermittent renewables by coming in and out of the system to ‘fill the gaps’ by generating energy at times of peak demand.

Snowy Hydro has a strong track record when it comes to pumped-hydro. For decades we’ve been successfully operating our pumping capability at Tumut 3 and that has been invaluable, especially in years of drought.

Snowy Hydro is the fourth-largest energy player in the NEM, providing much-needed competition in the market. Snowy 2.0, along with other developments, is adding to a portfolio that operates efficiently and reliably in a highly unpredictable NEM to maximise competition and drive the best outcomes for consumers.

Snowy 2.0 Exploratory Works will start immediately. The project is expected to generate up to 5000 jobs over the life of the project.

News

Snowy Hydro signs game-changing deals

01/11/2018

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, ‘firmed’ by existing Snowy Hydro assets, is a game-changer and will push down future energy prices. This will bring on significant new energy supply and therefore much-needed competition to the market, and will enable Snowy Hydro to pass on lower wholesale prices to our customers.

The renewable energy we have contracted will enable Snowy Hydro to offer very competitive, firm wholesale prices (ie. the cost of the raw renewable energy plus the cost of ‘firming’) – for below $70/MWh for a flat load, for up to 15 years.

Snowy Hydro is a key provider of fast-start, “capacity”-type products, and we keep the lights on at times of high demand. However, we are ‘energy short’ (meaning that we do not generate enough energy from own power stations to cover all of our customers) so we have to purchase energy from the wholesale market. We are one of the largest energy buyers in the NEM and, just like households, we are exposed to high wholesale prices.

Over the last 12 months, there have been rapid changes in the NEM and competitive pricing across all generation technologies has seen the cost of renewables fall.

Snowy Hydro was overwhelmed with the level of interest in our Renewable Energy Procurement Program, which saw more than 17,600MW of projects submitted through the procurement process. All eight winning projects are expected to come online within the next two years.

Snowy Hydro’s existing hydro, gas and diesel assets give us the ability to ‘firm’ up vast amounts of intermittent renewable generation today to ensure energy is available when needed.

In simple terms, ‘firming’ works by transforming intermittent energy into reliable energy so it’s available on-demand when a customer needs it. While the energy output of individual projects varies, Snowy Hydro’s power stations can work in combination with wind and solar, creating ‘firm’ reliable energy.

Snowy Hydro owns Red Energy and Lumo Energy, which together have more than one million customers.

News

Snowy 2.0 Feasibility Study Delivered

20/12/2017

Snowy Hydro’s independent Board of Directors has approved the Snowy 2.0 feasibility study, and for further work to be undertaken for the project to progress to a final investment decision in 2018.

The feasibility study released today confirms that the Snowy 2.0 pumped hydro expansion project is both technically and financially feasible.  The comprehensive study provides a base case design and a strong investment case that exceeds Snowy Hydro’s stringent investment hurdles, with significant input from leading experts in economics, engineering and geology.

Snowy Hydro’s CEO, Paul Broad, said that progressing Snowy 2.0 was a strategic business decision and the projected return on investment would enable the company to fund the project.

“Snowy Hydro already plays a critical role in keeping the lights on but Snowy 2.0 would supercharge our existing capabilities by adding an additional 2,000 megawatts of dispatchable generation and 350,000 megawatt hours of large-scale storage.

“Snowy 2.0 will underpin the security and reliability of the National Electricity Market (NEM) as we transition to a low emissions future, at least cost to consumers.

“As coal-fired generation retires and renewables continue to grow, Snowy 2.0’s scale and central location will provide secure and reliable energy generation and the necessary large-scale storage to prevent blackouts and lower future energy prices.

“Snowy 2.0 is a strategic long-term investment in the NEM that will firm up future wind and solar generation.  Intermittent renewables underpinned by Snowy 2.0 is a combination that could replace baseload generation when coal-fired power stations retire,” Mr Broad said.

The feasibility study outlines:

  • A strong investment case for the project and funding strategies.
  • A base case technical design, to be further refined as the project moves to final investment decision.
  • The independent estimation of costs between $3.8 – $4.5 billion, which takes into account the need for extensive reinforcement of the project’s structures due to the challenging geological conditions that were uncovered during the geotechnical drilling program.
  • If Snowy 2.0 is not built, the NEM would need a combination of batteries and gas peaking stations to meet future energy needs.  This would cost at least twice as much as Snowy 2.0.
  • A project schedule that will see the first power generated from Snowy 2.0 in late 2024, in time to meet market needs.

“Completing this study is a significant and exciting milestone for us but it’s only just the beginning. The sheer size of Snowy 2.0 makes it a complex and significant project that will put the Snowy Mountains back in the global spotlight,” Mr Broad said.

Between now and final investment decision, Snowy Hydro will undertake further work including additional geotechnical drilling, issuing project tenders, finalising funding for the project and working through well established and rigorous environmental and planning approval processes.

The project will also boost economic activity across the Snowy Mountains from employment opportunities across the supply chain and in supporting services.

Snowy Hydro would like to acknowledge the work of our lead study engineer SMEC Australia and the Australian Renewable Energy Agency for their contributions to the study.

The feasibility study and more information on the project can be found on our website here.

To watch a video on the project click here.

News

Snowy’s highest power station to reach new heights

10/11/2017

Snowy Hydro, working with Andritz Hydro, is about to commence detailed design work for the replacement of the generator in unit one at Guthega Power Station. After more than 60 years of reliable operation this is the first time any generator across the Snowy Scheme has needed to be replaced.

The generator is connected to the turbine and is the part of the machine that converts the power produced by the spinning turbine into electrical energy for consumers. This project is certainly not your average flat pack. The generator will be assembled from thousands of individual pieces and weighing in at 230 tonnes it will need specialised trucks and trailers to get it on site.

Paul Broad, CEO of Snowy Hydro said this $13 million replacement project was the latest example of the company’s strategic investment in the Snowy Scheme.

“It’s not just Guthega Power Station we’re investing in. We have a thorough asset maintenance and modernisation program that upgrades our power stations and the water infrastructure across the Snowy Scheme.

“We’ve undertaken asset improvements that have actually increased the Scheme’s total generation capacity”.

“We’ve also implemented new technologies that allow us to start our generators faster, respond more quickly to changing market conditions and run our power stations remotely through our central control centre”, Mr Broad said.

The new generator will have a higher design rating (40 megawatts) than the existing unit to match the previously upgraded turbine. Every generator across the Scheme can be used independently and therefore each unit wears differently and is replaced based on its condition rather than age.

After undertaking a competitive tender process Snowy Hydro appointed Andritz Hydro to undertake the design, fabrication, install and commissioning of the generator. Andritz Hydro is a global supplier of electromechanical systems and services for hydropower plants and hydraulic power generation. The detailed design process and unit fabrication is expected to take around 12 months.

The Guthega Power Station houses two 30MW hydro-electric generating units and was the first power station built with construction starting in 1951. It’s on the Snowy River, just 12 kilometres from the summit of Mount Kosciuszko and sitting at 1330 metres above sea level, it is the highest power station in the Snowy Scheme.

Media contact: Stephanie McKew – General Manager, Corporate Affairs & Media 0409 298 757

News

Snowy 2.0 activities adjacent to the Snowy Mountains Highway

03/08/2017

Over the coming weeks there will activities conducted as part of the Snowy 2.0 feasibility study adjacent to the Snowy Mountains Highway, about 12km north of Kiandra.

This work includes preparing for and undertaking investigative geotechnical drilling and you may see some trucks in and around the area.

At times there will be work on both sides of the highway and activity will be underway both during the day and at night.

The work involves drilling small core holes so we can better understand the rock underneath and inform the feasibility study. Approvals for the work was provided by National Parks and Wildlife Services after Snowy Hydro conducted a thorough environmental assessment.

Snowy Hydro takes safety very seriously and drivers are asked to exercise caution in the area. A traffic management plan will also be in place although we expect the any impacts on traffic to be minimal.

More information about the Snowy 2.0 project can be found here.

News

Visitors in Cooma ahead of drilling for Snowy 2.0 commencing

28/06/2017

The Prime Minister, Malcolm Turnbull, Deputy Premier John Barilaro and Parliamentary Secretary Bronnie Taylor visited Cooma today ahead of investigative drilling commencing for Snowy 2.0.

Snowy Hydro Limited CEO Paul Broad and Snowy Mountains Engineering Corporation (SMEC) CEO Andy Goodwin provided a Snowy 2.0 update and showcased one of the drill rigs.

Mr Broad said the investigative drilling, which is expected to commence next month after all approvals, is a critical milestone for the Snowy 2.0 feasibility study.

“The drilling will provide us with detailed geotechnical information about the rock formations, strength and structure of the area where the tunnels between the Tantangara and Talbingo reservoirs and underground power station will be located.”

“The core holes will be drilled in key locations so that we have a very clear picture of the geology and can better plan and cost the project.” Mr Broad said.

The geotechnical information collected through this process will be shared with research and education institutions for science and research purposes.

The Prime Minister, Deputy Premier and Parliamentary Secretary’s visit was also an opportunity for Snowy Hydro and SMEC to bring together their local project teams to celebrate the reopening of the SMEC office in Cooma.

SMEC’s CEO Andy Goodwin said the reopening of their Cooma office and work on the Snowy 2.0 feasibility study will continue to generate economic activity in the region.

“It’s great to be working on such a iconic hydropower project with Snowy Hydro that reflects on our namesake and history. For SMEC this is an opportunity to bring back our local people with global experience to contribute to the legacy for the next generation.

“The Feasibility Study will generate more than 250 jobs across professional services, construction and administrative support and if Snowy 2.0 goes ahead we expect to create about 5000 jobs over the life of the build,” Mr Goodwin said.

The Snowy 2.0 Feasibility Study will be completed by the end of this year.

Snowy Hydro is proud to provide secure, stable and reliable renewable energy to households and businesses. If built, Snowy 2.0 would increase the generation capacity by up to 50 per cent, making up to 2000 megawatts available to the National Electricity Market.