ENVIRONMENT AND RECREATION Snowy 2.0 is a renewable energy project with broad-scale
The majority of these funds will go directly to National Parks and
environmental benefits - it is a centrepiece in Australia’s
Wildlife Service. These funds are targeted to directly contribute
transition to a low-carbon economy.
to the ongoing and long-term conservation and recreational use of the park.
For almost 70 years, Snowy Hydro has responsibly operated the Snowy Scheme in Kosciuszko National Park (KNP). We are committed to minimising potential impacts from Snowy 2.0, as
WATER
we do for our existing business. The park is our backyard and we
The Snowy Scheme operates under a strict water licence issued
want to look after it.
by the NSW Government. As a pumped-hydro project, Snowy 2.0 will simply recycle water between two existing reservoirs, so it
The small, localised area temporarily impacted during
will not in any way affect Snowy Hydro’s continued compliance
construction is less than 0.1% of KNP and once operational,
with the water licence.
it will be only 0.01%. The unavoidable impacts will be offset and construction areas will be rehabilitated, in accordance with the
In particular, there will be no change to Snowy Hydro’s
approvals for the project. Around $100 million will be provided by
water release obligations from both the Murray and Tumut
Snowy Hydro to the offsets program for Kosciuszko National Park.
developments, and no change to environmental release obligations, meaning Snowy 2.0 will not have any impact on downstream water users or environmental flows.
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