Live Breaking News & Updates on Snowy Hydro Ltd

Stay updated with breaking news from Snowy hydro ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Why is Australia building a $600m gas power plant as world experts warn against fossil fuels?


Last modified on Wed 19 May 2021 05.29 EDT
The Morrison government says it will spend up to $600m on a new gas-fired power plant in New South Wales – the latest in a series of announcements dedicating taxpayers funds to greater fossil fuel use.
Meanwhile, the International Energy Agency has released a landmark report saying there should be no new investments in coal, oil or gas if the world is to keep open a narrow possibility of meeting the goals of the Paris climate agreement and reaching net zero global greenhouse gas emissions by 2050. It has laid out a pathway that could get the world there. ....

New South Wales , United States , France General , United Kingdom , Hunter Valley , Port Kembla , Alan Finkel , Joe Biden , Angus Taylor , Scott Morrison , Kerry Schott , Fatih Birol , Boris Johnson , International Energy Agency , Australian Energy Market Operator Aemo , Snowy Hydro Ltd , Energy Security Board , Snowy Hydro , Guardian Australia , Australian Energy Market Operator , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , வேட்டைக்காரன் பள்ளத்தாக்கு , போர்த் கேம்பிள ,

Morrison government to fund $600m gas-fired power plant in NSW Hunter region


Morrison government to fund $600m gas-fired power plant in NSW Hunter region
Adam Morton Environment editor
© Provided by The Guardian
Photograph: Dan Himbrechts/AAP
The Morrison government has confirmed it will spend up to $600m to build a new gas-fired power plant in New South Wales’ Hunter Valley despite experts warning the fossil fuel investment makes little commercial sense.
The government announced on Tuesday night it was dedicating unallocated funding in last week’s budget to the publicly owned Snowy Hydro Ltd plan to build a 660 megawatt gas plant at Kurri Kurri.
It follows Scott Morrison warning last September that taxpayers would step in if the private sector did not commit to building at least 1,000MW to replace the Liddell coal-fired generator in 2023. EnergyAustralia announced last week it would build the 316MW Tallawarra B gas-hydrogen plant with $83m in state and federal support. ....

New South Wales , Port Kembla , Upper Hunter , Jeff Mccloy , John Stevens , Tony Wood , Angus Taylor , Kerry Schott , Scott Morrison , David Fredericks , Jenny Mcallister , Grattan Institute , Australian Energy Market Operator Aemo , Snowy Hydro Ltd , Energy Security Board , Jeff Mccloy Of Group , Department Of Industry , International Energy Agency , Guardian Photograph , New South Wale Hunter Valley , Guardian Australia , Australian Energy Market Operator , Hunter Valley , Mccloy Group , புதியது தெற்கு வேல்ஸ் , போர்த் கேம்பிள ,

The Coalition is backing a gas plant that also runs on hydrogen. Is this the future or a folly?


Last modified on Fri 7 May 2021 19.23 EDT
A new gas-fired power plant will be built in New South Wales with significant funding from taxpayers. The plant will blend some green hydrogen in with the gas, prompting some to describe it as “Australia’s first net-zero hybrid power station”.
Is this a breakthrough that signals the future of the electricity grid, a greenwashing of public spending on fossil fuels or something else? Here’s what you need to know.
What’s the deal?
EnergyAustralia, one of the country’s biggest electricity generators, says it will build a gas-fired power plant south of Wollongong – but only after it was promised up to $83m in government grants. ....

New South Wales , France General , Port Kembla , Australian Capital Territory , Kerry Schott , Scott Morrison , Alan Finkel , Angus Taylor , Australian Energy Market Operator Aemo , University Of Melbourne Dylan Mcconnell , Snowy Hydro Ltd , Energy Security Board , Dylan Mcconnell , Australian Financial Review , Australian Energy Market Operator , Hunter Valley , புதியது தெற்கு வேல்ஸ் , பிரான்ஸ் ஜநரல் , போர்த் கேம்பிள , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , கெர்ரி ஸ்காட் , ஸ்காட் மோரிசன் , ஆலன் பிங்கேல் , அங்குஸ் டெய்லர் , பனி ஹைட்ரோ லிமிடெட் , ஆற்றல் பாதுகாப்பு பலகை ,