The Snowy Mountains Hydro Electric Scheme 2.0 is the largest committed renewable energy project in Australia. The project involves linking two existing dams, Tantangara and Talbingo, through 27km of tunnels and building a new underground power station. It will provide flexible, on-demand power while reusing or ‘recycling’ the water in a closed loop and maximise the efficiency of renewables by using excess solar and wind energy to pump water to the higher dam, to be stored for later use. Snowy 2.0 will provide an additional 2,000 megawatts of dispatchable, on-demand generating capacity and approximately 350,000 megawatt hours of large-scale storage to the National Electricity Market. This is enough energy storage to power three million homes over the course of a week. The first power generated from Snowy 2.0 is expected in early 2025, followed by progressive commissioning of its six generating units.

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