Pumped hydro criticism motivated by commercial self-interest – Woods

Pumped hydro criticism motivated by commercial self-interest – Woods
'They would say that" – energy minister Megan Woods on major players criticism of pumped hydro project. (Image: Getty)
Ian Llewellyn
It is not surprising major players in the electricity sector are casting doubts on the feasibility of a pumped hydro scheme as it may not match their commercial interests, says energy minister Megan Woods.The comments referred to a study commissioned by Meridian Energy and Contact Energy that said the Lake Onslow pumped hydro scheme being considered by the government is the most expensive and risky option to deal with the issues facing the electricity system.Woods told Parliament: “I don't think anyone would be surprised that exi...

More Editor's Picks

Rakon's founding family's board battle
Markets

Rakon's founding family's board battle

Brent Robinson and Rakon's major Taiwanese shareholder aren't backing chair-elect.

One year since Du Val collapse, still no charges laid
Property

One year since Du Val collapse, still no charges laid

Financial watchdog opened its investigation 16 months ago, court told.

Garth Bray 02 Aug 2025