Renewables
Australia’s 2.2 GW Snowy 2.0 pumped hydro cost estimate rises again
CEII brief
pv magazine reported on 24 Oct 2026: Australia’s 2.2 GW Snowy 2.0 pumped hydro cost estimate rises again.
Read the full story on pv magazineProjects & Applications Australia’s 2.2 GW Snowy 2.0 pumped hydro cost estimate rises again The principal contractor for Australia’s 2.2 GW Snowy 2.0 pumped hydro storage project has revised the expected cost to AUD 22.5 billion ($15.8 billion) to AUD 25 billion, with…
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
26.7% of electricity in Australia was renewable in 2021Countries in this story
Original reporting © pv magazine. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
