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$40bn Snowy Hydro 2.0 to never finish?

Australia’s worst-kept secret is out. The energy transition is meaningfully behind. At the current build rate, we will hit about 75% renewables by 2030, versus the planned 82%, a shortfall of roughly…

  • Snowy Hydro 2.0 project faces construction challenges
  • $40bn investment may become valueless due to delays
  • Project prioritized political targets over efficiency

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