Turnbull was full of Bull anyway!
Along with giant batteries and ‘green’ hydrogen, pumped hydro is touted as the solution to wind and solar power’s hopeless intermittency. Five years ago, Australia’s PM, Malcolm Turnbull pitched his very own mega-pumped hydro project, tagged Snowy 2.0.
The numbering was meant to be a nod to computer program upgrades and signal an improvement on the original Snowy scheme – without doubt – the single greatest renewable energy project ever built in Australia – with a mammoth 3,950 MW of capacity, which is available on-demand (unlike the pointless nonsense that is wind power). It cost $1 billion (in today’s money) to build.
Except that five years later the 0 in Snowy 2.0 looks more like a quantification of the amount of power the scheme is likely to deliver.
The plan never stacked up economically – see our posts here and here – and is never likely to.
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