And that's IF the wind blows and it's not cloudy...

Does anyone know how much the unions have syphoned off this? I would imagine between them & the government it could be a substantial amount

Peter Lyndon-James is a legend. Definitely worth a follow

This is a remarkable piece of engineering.

Turnbull has been making tons of money out of this rort.

Could of had 2.5 nuclear plants for that cost even at CSIROs inflated costs

I’m guessing this is aimed at the LNP who thought up this folly

Cold Chisel wrote a song called No Sense.. This is what this is NO CENTS!

When ideology (Netzero) meets reality (physics)....

The correct power putput annually is not your claimed 370Gwh it is actually around 5300Gwh. Are your other figures quoted so poor?

Malcolm care to comment on the record world wide bushfires and record never been seen before temps in Europe and the USA ??

And don’t forget the disturbance money paid to the NPWS pertaining to endangered species that snowy 2.0 pays the NPWS not to disturb endangered species . More costs . The excuse for wiping out the brumby. But the corroboree frog main cause of decline was mould . And even footprints brings this into the park carried on shoes . So they slaughtered the brumby 8 million in costs . Absolutely hardly any money spent on the advocacy of the heritage horse . That 8 million could have been spent on more humane ways of reducing numbers .

Yep - we need out of this money pit👍

It was ill-concieved from the outset. Pumped storage is great when there is surplus power available from base load 24/7 plant. It is economic at the generation stage as it carries load where otherwise plant might be resting on the governors. It is economic at the recovery stage as it provides power during peak day use. We had no spare overnight capacity, even less now that labour has knocked down base load plant. Even worse for Snowy 2, Bowen's massive subsidy with our money of wind has meant a surplus of wind power during the day, where they are giving it away for free. That is the time that pumped storage was meant to cover. There is absolutely no brainpower coordinating energy policy. Better to mothball it until we have 24/7 nuclear base load plant to use it properly.

Big hero big business man Malcolm Turnbull is the reason we are in this mess.

Fake politicians and civil servants need to be called out and held accountable.

Sounds worse than the Navy seasprite project disaster.

Can we just get on with nuclear please?

Should be good for dumping waste into.

Anyone with a heart beating knows it is another government scam.