Snowy 2.0 project faces cost and delay concerns as it nears completion

Snowy 2.0, Australia's most expensive energy project, is costing over $3 million daily as it nears completion, with experts divided on its future value. The project, seven years behind schedule, has a current estimated cost of $12 billion, significantly exceeding its initial $2 billion budget. Tunnelling is nearing completion, clearing the way for the power station construction. Announced in 2017, Snowy 2.0 aims to act as a giant battery for renewable energy, but faces ongoing scrutiny over costs, delays, and safety issues.