Snowy 2.0 Feasibility Study

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The Snowy 2.0 feasibility study confirms that the Snowy 2.0 pumped hydro expansion project is both technically and financially feasible.Snowy 2.0 would deliver 2000 MW of additional dispatchable generation capacity and 350,000 MWh of storage. The construction would involve building an underground hydro-electric power station and 27 kilometres of tunnels connecting two existing reservoirs in the Snowy Mountains.Snowy Hydro already plays a critical role in ensuring system stability and at times of peak demand, the ability to keep the lights on. The feasibility study shows how Snowy 2.0 will enhance this current capability and continue to provide increased stability and security to the energy market.Area of innovationThe Snowy 2.0 feasibility study recognises that as the economy decarbonises, more intermittent generation (such as wind and solar) will enter the market as baseload coal generation continues to retire. This creates the need for new sources of dispatchable energy generation such as pumped-hydro as well as the need for large-scale storage.

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