Snowy 2.0 Project Update August 2020

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THE MODERN SNOWY HYDRO Snowy Hydro is a dynamic energy company supplying electricity to more than one million customers. Since the days of our pioneering past, Snowy Hydro has grown into the fourth-

THE SNOWY SCHEME

largest retailer in the energy market. Snowy Hydro operates the Snowy Mountains Scheme, along with other power assets

Rated one of the civil engineering wonders of the

across New South Wales, Victoria and South Australia.

modern world, the Snowy Scheme was built Snowy Hydro has a current generation capacity of 5,500MW

between 1949-74.

and offers energy insurance and other products that provide

It currently has nine power stations (including pump

supply security and price certainty to customers in the energy

storage capability at Tumut 3 Power Station and

market. Snowy Hydro also owns the electricity and gas retail

a pumping station at Jindabyne), 16 major dams,

companies Red Energy and Lumo Energy, and the utility

80 kilometres of aqueducts and 145 kilometres of

connections business, Direct Connect.

interconnected tunnels.

A leader and innovator in renewable energy, Snowy Hydro

It produces, on average, one third of the National

has signed contracts for more than 1,000MW of generation

Electricity Market’s renewable energy.

from new wind and solar projects and is well underway with construction of Snowy 2.0. These are exciting additions to our energy portfolio and they will help meet future energy needs in a changing and increasingly lower emissions economy.

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Snowy 2.0 Project Update August 2020 by snowyhydro - Issuu