Snowy Hydro 2.0 project officially approved, funded by federal government

Early works on the massive expansion of the Snowy Hydro scheme can now begin with Scott Morrison announcing approval for the pumped hydro-electricity project.

Snowy Mountains Hydro Plant Source: ABC

A massive expansion of the Snowy Hydro scheme has been officially approved in a bid to force energy prices down and make power more reliable.

Early works on the pumped hydro-electricity project can now begin, with Prime Minister Scott Morrison on Tuesday visiting Tumut in southern NSW to announce the approval.

"Snowy 2.0 will inject the energy supply and reliability our electricity market needs, helping cut costs to families and businesses and cut Australia's emissions," Mr Morrison says.

Fore more in English.