Renewables
Snowy Hydro 2.0 is costing $25bn – 12 times more than its initial estimate. How did we get here?
CEII brief
The Guardian reported on 23 Oct 2026: Snowy Hydro 2.0 is costing $25bn – 12 times more than its initial estimate. How did we get here?.
Read the full story on The GuardianChris Bowen says the hydroelectricity development has become ‘one of the most complicated engineering projects’ in the world Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here The cost of the publicly owned Snowy 2.0 hydroelectricity…
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.
27.8% of electricity in the world was renewable in 2021Original reporting © The Guardian. 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.