Thursday, 31 August 2023

Snowy Hydro 2.0 eyes return to tunnelling after delays and cost blowouts

Chief executive says pumped hydro project remains ‘critical’ to energy transition away from fossil fuels

Snowy Hydro’s bogged tunnel boring machine could resume work within weeks – a key step to getting the “critical” pumped hydro project now expected to cost $12bn back on track.

Dennis Barnes, Snowy’s chief executive, says the revised contract with the builders of the 2.0 project – Italy-based WeBuild – is still in its “final stages” but he expects it to be signed off soon.

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from World news | The Guardian https://ift.tt/uJsaifc

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Taiwan president's Hawaii trip draws Chinese anger

Lai Ching-te's trip to the US state is being billed as a stopover, but has been condemned by Beijing. from BBC News https://ift.tt/Sik...