Pumped hydro effective ‘when the sun goes down’: Energy Minister | Sky News Australia

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Jason Aravanis: We are really flying blind here. We don’t know what cost estimates the govt is working on – we are just being told that the govt believes that Snowy Hydro 2.0, as a commercial entity, can stand alone and be profitable. MORE: speers

FULL INTERVIEW: Energy Minister Angus Taylor says the state governments and federal Labor ‘haven’t given enough thought’ to how renewable energy will be backed up, despite investment in renewables being at record levels.

The Liberal MP told Sky News that pumped hydro is an effective way to store energy for ‘when the sun goes down and the wind stops blowing’, following the government announcing it will front $1.38 billion for the Snowy Hydro 2.0 project. Mr Taylor says the government has received 66 proposals for projects to ensure Australia has a ‘stable, affordable grid’, but would not confirm how many of those proposals were for coal-fired power.

 

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But AGL has guaranteed that Lidell output will be replaced....

Now that is the stupidest thing I have seen today, our power will be supplied the same way it is now only with more renewables.

Pray.

If Tony Abbott wasn't such a wrecker we wouldn't have the problem.

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