I don’t have live access to browse right now, but I can share the latest Snowy Hydro Limited updates I can verify from public sources up to my last update.
Direct answer
- Snowy Hydro Limited has been progressing Snowy 2.0 with updated cost and schedule details, including a revised delivery cost around $12 billion and a target for all units to be commercially operational by December 2028, with first power expected in the second half of 2027. This reflects a post-review project reset and ongoing collaboration with contracting partners to increase capacity and improve oversight.
Key developments and context
- Snowy 2.0 project reset and contract model: Snowy Hydro announced a review outcome for Snowy 2.0, detailing a higher estimated total cost and a new incentivized target contract approach with FGJV to strengthen collaboration and oversight, while also aiming to lock in a 10% capacity increase for the station [source discussions around the project review and contract framework]. This indicates a shift toward tighter governance and performance-based incentives to deliver the expanded capacity.[1]
- Contracting and delivery partners: The project has involved multiple contractors (e.g., FGJV and Voith) to deliver various components, with emphasis on increasing capacity and ensuring timely delivery, as part of the broader Snowy 2.0 execution plan.[1]
- Operational timing expectations: The updated schedule sets first power in the latter half of 2027 and full commercial operation by December 2028, aligning with broader market demand for dispatchable generation in the National Electricity Market (NEM).[1]
- Related corporate communications: Snowy Hydro maintains ongoing communications through its News and Media pages, including generation updates and community newsletters, which can be good sources for the latest project-specific updates and stakeholder information.[3][4][7]
Notable historical context (for background)
- Snowy 2.0 has long been a centerpiece of Snowy Hydro’s expansion plans to add substantial dispatchable capacity and energy storage to the NEM, with past milestones and procurement activities documented in corporate reports and industry coverage.[2]
Illustration
- If you’d like, I can generate a simple timeline graphic (in PNG) showing Snowy 2.0 milestones: initial announcement, contract awards, project reset, updated cost target, and revised timelines. This would require me to pull together date-stamped milestones and produce a PNG chart.
Would you like me to:
- Compile a concise, fully-cited summary with exact dates and figures from Snowy Hydro’s latest annual report and official news releases, or
- Create a visual timeline or chart of Snowy 2.0 milestones and current schedule targets?
Sources
A major $5.1 billion contract for the delivery of the multi-billion dollar Snowy Hydro expansion - also known as Snowy 2.0 - has been awarded by Snowy Hydro Limited to Future Generation, a joint venture between Clough and Salini Impreglio.
www.felix.netThis section provides the latest newsletters, media releases, photos and videos related to Snowy Hydro. Media enquiries: [email protected]
www.snowyhydro.com.auThis section provides the latest newsletters, media releases, photos and videos related to Snowy Hydro. Media enquiries: [email protected]
www.snowyhydro.com.auundertaking a review and reset of each project. The outcomes of these reviews and resets are now complete and have been announced. In respect of Snowy 2.0, the estimated total cost for Snowy 2.0 project delivery is revised to $12 billion with a target date for commercial operation of all units by December 2028 and delivery of first power in the second half of 2027. The terms of the contract with FGJV are being finalised to an incentivised target contract model, which we expect will achieve...
www.snowyhydro.com.au“The 2024 report shows the progress we are making and achievements we are proud of. While we recognise there is still more to do, this report serves as our roadmap, keeping us accountable and focused on delivering even better outcomes for stakeholders and the community in the future,” Mr Barnes said. Mr Barnes also acknowledged Snowy Hydro’s responsibility as custodian of the water that flows through the Snowy Scheme, highlighting its role in balancing electricity network reliability, with the...
www.snowyhydro.com.auThis section provides the latest newsletters, media releases, photos and videos related to Snowy Hydro. Media enquiries: [email protected]
www.snowyhydro.com.au