STO Well positioned, page-307

So Snowy well behind - what will Australia use for baseload with coal plants closing let alone the missing link of gas fired generation for peaking?

I see a crunch coming that no solar panel and battery can fill quick enough at any price.

Hope someone has a few options on some gas turbines to support the grids on the East coast a sworldwide demand is making them in short supply

And RBA wanting government to show spending restraint otherwise they will go even harder on interest rate hikes

Yep Govt has locked in higher energy cost for all Australians for the future and crippling a transition industry in teh process making sure all industry leaves Australia

"Fresh delays of up to two years and added cost blowouts have hit the federal government-owned Snowy 2.0 pumped hydro scheme, which may not now reach full commercial operation until 2029.

In a statement on Wednesday, the project’s developer, Snowy Hydro, said the giant energy project’s scheduled completion date of December 2028 had been pushed back by a year, with likely “cost impacts beyond the contingency allowed”."