Australia's largest stock trading and investment forum Australia's #1 stock forum

A. Whats this for? Party drinks? The whole table is just a bs...

First 9 Last

Share
Profile

Follow
SonicBlast

14,693 Posts.

39

22/04/24

15:55

Post #: 73459984
Share

Originally posted by Lethalba: ↑

You are absolutely correct, current estimates for Snowy 2.0 is $12B. That is if you just want to put the power generated into a bucket and keep it on site. However there is the wee cost of connecting Snowy 2.0 into the grid.

I do understand your not including any of these costs (billions) as proponents such as yourself and squirrel food never do-it hurts the story if you have to include all of the costs.

One other little cost that needs to also be met to make Snowy 2.0 operate is enough power to push the water back up the hill (at present estimates are that it will take 137% more power to push the water up the hill than power generated but objective is to get that down to 125%)-this will be billions more required to make Snowy 2.0 work.

The total cost to actually make Snowy 2.0 operate I believe will be far north of $20B if all requirements are costed which NO renewable components will ever do.

Expand

A. Whats this for? Party drinks? The whole table is just a bs estimate.

B. The water will be pushed "up the hill" when there is FREE excess Energy from the Renewables. Dont worry your little brains about If you are aware that AEMO has had it costed and sized to suit.
3 Upvote

Reply

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

First 9 Last

SPONSORED BY