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Snowy 2.0 cost blowouts might be OK if the scheme stored power more cheaply than batteries. But it won’t

As the cost of Snowy 2.0 rises yet again, defenders claim the scheme can store energy cheaper than batteries. But this doesn’t stack up.

Bruce Mountain

How could a sophisticated, ostensibly responsible government have embarked on such a risky project without any serious independent assessment?

The AEMO has confidently defended its energy costings plans as the best laid to be had, despite turning out drastically worse than its predictions.