Snowy 2.0
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Client
Snowy Hydro Limited
Location
New South Wales
Sector
Renewable Energy
Service
Estimate Evaluation
Year
August 2017 - October 2023
Over the past 75 years, Snowy Hydro have navigated the dynamic energy market landscape to become one of Australia’s leading integrated energy providers.
Ensuring energy security, support the transition to renewables, and increase competition in energy markets. Generating energy that underpins the security and reliability of the National Electricity Market while providing price risk management products for wholesale customers and delivering energy to homes and businesses.
Snowy Hydro is a fully Australian-owned company, incorporated under the Corporations Act (Cth)
Project Overview
Snowy 2.0 project ($6.5bn) pumped hydro scheme to provide additional generation capacity by up to 2,000 megawatts.
Snowy 2.0 is the next chapter in the Snowy Scheme’s history. It is a nation-building renewable energy project that will provide on-demand energy and large-scale storage for many generations to come. It is the largest committed renewable energy project in Australia. Snowy 2.0 will underpin the nation’s secure and stable transition to a low-carbon emissions future at the lowest cost for consumers.
The project involves linking two existing dams, Tantangara and Talbingo, through 27km of tunnels and building a new underground power station.
Water will be pumped to the upper dam when there is surplus renewable energy production and the demand for energy is low, and then released back to the lower dam to generate energy when electricity demand is high.
It will provide flexible, on-demand power while reusing or ‘recycling’ the water in a closed loop and maximise the efficiency of renewables by using excess solar and wind energy to pump water to the higher dam, to be stored for later use.
Our Role
Led a team providing independent claims advise in respect of schedule and cost impacts for a significant COVID claim through forensic schedule analysis on an as planned v as build program basis.
Project Controls lead (Interim) leading the project controls team developing a performance measurement baseline and implementing robust month end process, analysis and reports using Prism G2.
Project Controls advisory services updating Prism G2 to integrate data between modules and implementing SHL Corporate Plan FY22.
Commercial advisory services for power tunnel, caverns, geotechnical baseline report liabilities, spoil disposal and access roads variations, including potential extension of time and disruption claims.
Commission manager providing PMO set up and management, procurement and contract management in addition to estimating, schedule and risk management services including escalation for valuation model inputs in real and nominal terms over time.
First principles estimator for tunnels (51km up to 14m diameter TBM and D&B) and shafts (blind sink and raise bore) including overall peer review for the full estimate, integrated schedule and quantitative risk analysis.