Govt eyes new $4b hydro-power project

Govt eyes new $4b hydro-power project
Gavin Evans
The government will spend $30 million to investigate a potential $4 billion hydro scheme in Central Otago to reduce the need for coal and gas-fired generation in dry years and create jobs in the wake of the covid-19 pandemic. Energy and Resources Minister Megan Woods said the funding will investigate a range of pumped hydro options around the country, but its main focus will be on testing the business case for a project at Lake Onslow, south-east of the Roxburgh dam operated by Contact Energy. If built, the project would be the first majo...

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