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October 23, 2026

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Dennis Barnes on the future of Snowy Two amid a $22.2 billion price tag | 7NEWS


Snowy Hydro CEO Dennis Barnes discusses the rising cost of the Snowy Two project, with the revised forecast reaching $22.2 billion and a $25 billion allowance. He addresses the challenges behind the cost blowout, the project’s progress and the target of completing commissioning by the end of 2029, while explaining why Snowy Two remains critical to Australia’s energy future and its role in providing around half of the nation’s future grid storage capacity.

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