SNOWY HYDRO 2.0 – THE WHITEST WHITE ELEPHANT IN AUSTRALIA??♂️ ? ?? ? ? ? ? ? ? ? ?
What a joke ? ??♂️ ?? ? ? ? ? ? ? ?
Despite promises of being one of the world’s largest batteries for only $2 billion dollars, Snowy 2.0 is shaping up to cost over $10 billion and only supply a fraction of promised capacity.
Queensland used 68 million megawatt hours last year. Snowy Hydro will contribute the equivalent of half of one per cent of Queensland’s power each year, one-tenth of one per cent of Australia’s annual generation, at a cost of $5 billion and rising—and that doesn’t include all the costs. This madness will send us broke. There’s a far better way: a 2,000-megawatt coal-fired power station is able to run at 2,000 megawatts 98 per cent of the time, 24/7. Liddell in the Hunter Valley generated nine million megawatts last year.
https://www.malcolmrobertsqld.....com.au/snowy-hydro-2
