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Snowy Hydro 2.0 Renewable Energy Project

Sector: Energy Storage • Location: Victoria, New South Wales, Australia

Source: Herald Sun

Project
Under Construction

Snowy Hydro 2.0 is a major renewable energy project in Australia involving the construction of a large-scale pumped hydroelectric storage system. It includes tunneling works and is part of a broader Victoria-NSW renewables scheme. The project is a massive battery system designed to support renewable energy integration but does not generate power itself. The project has experienced significant cost

Status
Under Construction
Sector
Energy Storage, Hydro, Power Generation (CCGT), Government
Location
Victoria, New South Wales, Australia
Updated
22 Jul 2026
Source
Herald Sun

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The project “Snowy Hydro 2.0 Renewable Energy Project” is an infrastructure initiative in the Energy Storage sector, located in Victoria, New South Wales, Australia. Taiyo aggregates data on it from Herald Sun.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Snowy Hydro 2.0 is a major renewable energy project in Australia involving the construction of a large-scale pumped hydroelectric storage system. It includes tunneling works and is part of a broader Victoria-NSW renewables scheme. The project is a massive battery system designed to support renewable energy integration but does not generate power itself. The project has experienced significant cost overruns, with estimates rising to $40 billion, 20 times the original estimate.

Original sector

Energy

Budget

Location

Country

Australia

State

Victoria, New South Wales

Source

Source

Herald Sun

URL

More Details

Record type

Project

Sector

Energy Storage, Hydro, Power Generation (CCGT), Government

Article published date

2026-04-30

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