# Snowy Hydro 2.0: $12B Cost Overrun, 7-Year Delay

Page: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/snowy-hydro-2-0-12b-cost-overrun-7-year-delay
Text version: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/snowy-hydro-2-0-12b-cost-overrun-7-year-delay.md
Podcast: [Sydney News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669)
Published: 2026-05-14T08:21:49+00:00
Episode link: https://api.fastcast.ai/audio/ef772296-e567-43ba-a14a-dc42983918ac.mp3
Audio file: https://api.fastcast.ai/audio/ef772296-e567-43ba-a14a-dc42983918ac.mp3
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Duration seconds: 78

## Resource

Snowy Hydro 2.0, Australias ambitious renewable energy project, faces a massive cost overrun, now projected to exceed twelve billion dollars, and is running seven years behind schedule. Despite recent milestones, such as tunnel boring machines Eileen and Florence making progress, the projects leaders attribute the delays and cost increases to high labor costs and the complexity of the underground power station. Critics suggest the total cost could reach forty-two billion dollars, but officials maintain its not that high. The federal government remains committed to completing the project by late 2028, aiming to store solar and wind power for future use. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/baae603a302b3f01

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