Snowy 2.0, twice the cost, half the value, wastes a quarter of the energy, and wrecks the environment

The Snowy 2.0 Scheme is a $10 billion bandaid to make up for Wind and Solar’s unreliability. Hydro storage is an anti-generator that destroys 20-30% of the electricity fed into it. It turns out it also destroys three quarters of the money fed into it, and some of the environment as well. What’s not to like?

by Steve Hunter. h/t StopTheseThings

Today a Who’s Who of Australian engineering are scathing about Snowy 2.0 in The Australian

The mammoth pumped Hydro scheme is a $10 billion dollar disaster that will never pay for itself, is already being superceded by battery technology, and will scar the land, infect pristine alpine lakes, risk critically endangered species, damage fishing grounds, and breach the Biosecurity Act in a National park. (Where are the environmentalists, Tim Flannery? Does anyone care?)

Pumped Hydro doesn’t even work on a small scale. Projects like it are being junked around the country before they get built and there has been only one other pumped hydro project “committed” in the last 20 years.

On the revenue side, the output of Snowy 2.0 from 2025 to 2042 is now forecast to be less than half the business case estimate, […]

Rating: 10.0/10 (2 votes cast)

via JoNova

https://ift.tt/3kvJt4K

September 18, 2020 at 12:56AM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s