March 15, the ides of March, marks the seventh anniversary of the Snowy 2.0 pumped hydro project, but I doubt anyone is celebrating, except maybe the lead contractor at its Italian head office. The euphoria on this date in 2017, when the Turnbull governmentSnowy 2.0 as an electricity game changer, has long since dissipated. This nation-building project was meant to be completed in four years forImpossible expectations, dashed by fundamental project flaws, multiple delays and skyrocketing costs.
Also, there is no recognition of the 1000 kilometres of transmission lines needed to connect Snowy 2.0 to Sydney and Melbourne, costing some, of which Snowy 2.0’s share should be more than half. So, the all-up costs associated with Snowy 2.0 could now be more like $25 billion.Florence, Snowy 2.0’s now-infamous tunnel-boring machine, was “paused” for practically all of 2023 under a sinkhole she caused, just 150 metres from the start of the 16-kilometre headrace tunnel.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
It’s Snowy 2.0’s seventh birthday. Who but Malcolm Turnbull is celebrating?The pumped hydro project never stacked up economically, technically or environmentally. The all-up costs could now be more like $25 billion.
Source: theage - 🏆 8. / 77 Read more »
Big Trout’s ‘hideous’ pink makeover leaves NSW town seeing redAdaminaby residents decry Snowy Mountains landmark’s colour scheme, with new design set to go to community consultation
Source: GuardianAus - 🏆 1. / 98 Read more »
Media Observed: Seven East versus Seven West over Stokes’ The NightlyIf the Anthony De Ceglie-led digital newspaper The Nightly falters, prepare for a long slow death. If it succeeds, Seven’s power shifts west.
Source: FinancialReview - 🏆 2. / 90 Read more »
Dream Home with Dr Chris Brown: Judges revealed for Seven’s new renovation show7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »
Two-headed calf defies the odds after birth on US farmA rare calf born with two faces – four eyes, two noses, two mouths and two ears – continued to flourish tod...
Source: 9NewsAUS - 🏆 10. / 72 Read more »
NSW Birth Trauma Inquiry to hear families of Down syndrome babies feel pressure to terminateNinety per cent of pregnancies are terminated when prenatal screening predicts Down syndrome. Liz Smith chose to continue with her pregnancy but says she has been traumatised by her experience with the medical system.
Source: abcnews - 🏆 5. / 83 Read more »