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AAP
AAP
Business
Will Nicholas and John Kidman

Costly Snowy energy project to 'outlast' us all

The updated target cost for the Snowy 2.0 hydro-electric expansion could be up to $25 billion. (Lukas Coch/AAP PHOTOS)

Despite its massive cost, Australia's largest renewables project will be pumping power long after everyone's lights go out, Chris Bowen says.

The federal energy minister concedes the Snowy Mountains hydro-electric scheme's Snowy 2.0 add-on could now set taxpayers back up to $25 billion.

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