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Snowy Hydro 2.0 has blown out to 12 times its original cost – but the CEO says it ‘could have been worse’

Steady2 outlets reported this in 2 reports over 2 days
Thu, 22 October 2026Tue, 27 October 2026

What it is about

CEOSnowy Hydro 2.0Snowy HydroTurnbull governmentBrendan NugentJohn-Paul MoloneyPeter StanleyJohn McintyreJohn AbelHarold ScrubyEugene HolzapfelAmy HillerMark WillsGodwin GrechMike HutchinsonJim AllenJohn LennonMokhles SiddenBrett HeffernanAngus Taylor

Who published it, and when

original reportfirst to report
The Guardian World1 original report
canberratimes.com.au1 original report
22 Oct, 11:00over 5 days27 Oct, 18:30

How it spread - 2 original reports

  1. Thu, 22 October 2026

    1 report
    • The Guardian World11:00first to report

      New projections by the Snowy Hydro company show tunnelling work is now 65% finished, but the completion date has been pushed back to 2029 Get our breaking news email , free app or daily news podcast The cost of Snowy Hydro 2.0 has blown out to as much as $25bn, with a major reassessment finding the long-delayed renewable energy project will not be completed until the end of the decade. First touted by the Turnbull government in 2017 with a price tag of $2bn , the cost of the project in the...

  2. Tue, 27 October 2026

    1 report

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