Pumped Hydro Archives - RenewEconomy

NSW Energy Security Corp to address “spiralling costs” of pumped hydro projects

Giles Parkinson — Wed, 24 May 2023 04:12:45 +0000

NSW energy minister Penny Sharpe says the Energy Security Corp will help address the spiralling costs of pumped hydro which lost out to battery storage in a recent tender.

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What do you call a coal plant on a 2050 grid? “Incredibly expensive insurance”

Sophie Vorrath — Tue, 23 May 2023 05:03:43 +0000

What is a forecast of 14GW of coal in Australia in 2050 doing in a net zero scenario?

The post What do you call a coal plant on a 2050 grid? “Incredibly expensive insurance” appeared first on RenewEconomy.

Snowy 2.0 project gets new boss as Florence still stuck in the mud

Giles Parkinson — Tue, 23 May 2023 02:24:37 +0000

Snowy names new head of Snowy 2.0 project but still unsure of cost blowouts, as the country's other pumped hydro project reports good progress.

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NSW to open second gigawatt scale wind, solar and storage tender on Monday

Giles Parkinson — Fri, 19 May 2023 00:00:02 +0000

NSW to open second gigawatt scale tender for new wind and solar capacity and long duration storage. Will eight-hour batteries win the day again?

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Snowy 2.0 usage set to plummet by 2050 – and VNI West won’t save it

Ted Woodley — Thu, 18 May 2023 02:30:30 +0000

Reports reveal VNI West will not increase Snowy 2.0’s transmission capacity to Victoria at all – and that the usage of Snowy 2.0 will plummet after 2050.

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Snowy 2.0 “failing” on environmental basics, says withering new report

Rachel Williamson — Wed, 17 May 2023 05:57:03 +0000

Snowy Hydro has failed to meet many of the 125 environment conditions placed on its massive pumped hydro project, with audits finding a growing list of problems.

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South Australia and Victoria to host first auctions under Capacity Investment Scheme

Giles Parkinson — Fri, 12 May 2023 04:56:30 +0000

South Australia and Victoria will be the first states to hold auctions for storage under the new Capacity Investment Scheme.

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Genex Power names new CEO to lead big battery and pumped hydro charge

Sophie Vorrath — Wed, 10 May 2023 04:16:59 +0000

The changing of the guard comes as Genex prepares to power up its first big battery, the 50MW/100MWh Bouldercombe project in Queensland.

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I’m no apologist for Snowy 2.0 – but let’s not obsess over delays and cost blowouts

Andrew Blakers — Thu, 04 May 2023 23:53:43 +0000

Snowy 2.0 is by no means perfect, but Australia’s renewables transformation will need a huge amount of energy storage – and pumped hydro is an important part of the mix.

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Snowy 2.0 project pushed back to late 2029, costs to blow out again

Giles Parkinson — Tue, 02 May 2023 21:58:40 +0000

Snowy Hydro reveals more big delays and cost blow outs in troubled Snowy 2.0 pumped hydro project, now not likely to begin full production until late 2029.

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