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The Guardian - AU

National

Tamsin Rose

Governments strike $7.8bn deal to connect Snowy 2.0 and NSW renewable zones to the grid

Dominic Perrottet Renewable Energy

Workers looking at a boring machine which is part of the Snowy Hydro project — NSW renewable energy zones and the Snowy Hydro project will be plugged into the grid under a deal between the federal and NSW governments. Photograph: Lukas Coch/AAP

New South Wales’s renewable energy zones and the Snowy 2.0 hydro project will be plugged into the grid under a landmark $7.8bn agreement between the federal and NSW governments.

The deal will be announced by the prime minister, Anthony Albanese, and the NSW premier, Dominic Perrottet, on Wednesday, once the state parliament passes legislation to allow the capping of gas prices after Canberra’s plan to put downward pressure on energy prices passed through federal parliament last week.

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