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Newcastle Herald
Newcastle Herald
National
Matthew Kelly

Snowy Hydro to get an extra $700 mill for green hydrogen switch

Peaking plans: Opposition Leader Anthony Albanese outlining Labor's plan to run the Hunter Power Project on green hydrogen. Picture: Matthew Kelly

Labor will provide Snowy Hydro Limited with an extra $700 million in equity to make the Kurri peaking plant operate on green hydrogen by 2030.

The government has already invested $600 million into a gas-fired version of the project, which is intended to be operational by the end of 2023.

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