The Federal Government last week announced plans to conduct a feasibility study into increasing the energy output capacity of the Snowy Hydro Scheme in order to meet Australia’s growing energy needs. The project would cost up to two billion dollars and is intended to complement a diverse mix of energy sources, rather than being considered a panacea for the energy crisis. The expanded scheme could increase reliability of renewables, because energy generation capacity of water could be quickly increased to meet demand. The feasibility study is due at the end of the year.
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