NSW Next Snowy Scheme

Discussion in 'Where to Buy' started by Wanttoretire, 16th Mar, 2017.

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  1. Wanttoretire

    Wanttoretire Well-Known Member

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    Will the announcement of the next snowy mountains scheme mean a rise in regional areas home prices. Tumut, Albury.?
     
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  2. Bargain Hunter

    Bargain Hunter Well-Known Member

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    They will undoubtedly build work camps however there will be people that want to have their own place so there may be some growth both in returns and prices.
     
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  3. Scott No Mates

    Scott No Mates Well-Known Member

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    How much capacity are they going to build? The Keiwa Valley Hydro Scheme only generates a tiny % of the power from 5 power stations in Victoria and is totally unmanned.
     
  4. bumskins

    bumskins Well-Known Member

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    I think they were talking of a 2000MW increase in Peak Generating Capacity? So 4000MW total. So serious stuff.

    Currently Tummut which is pumped Hydro is like 1500MW, then there is other standard Hydro generation.

    So its a big increase, but your right to question how many long term jobs it creates. Not many.
     
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  5. mr500

    mr500 Member

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    Tumut possibly. Good news for a underground fitter based in Albury though. Assuming they will drill and blast the tunnel/s, they would be advancing at approx 20m/24hrs so around 4yrs if a single tunnel.
     

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  6. hammer

    hammer Well-Known Member

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    This is best announcement for renewables ever.

    What they're proposing is a monstrous battery.

    It's way easier to add solar and wind to the mix when it is connected to a battery.

    This id potentially a gamechanger.
     
    Last edited: 16th Mar, 2017
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  7. Mac Fields

    Mac Fields Well-Known Member

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    There is a lot of planning work to be done before they turn the first sod.... An announcement doesn't mean a project.
     
  8. Scott No Mates

    Scott No Mates Well-Known Member

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    Get in quick and buy up Khankoban, Tumut and everything else - sell up two years into the project.
     
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  9. WestOz

    WestOz Well-Known Member

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    What gets me is the way Turnbull struts around in the HiVis vest & hard hat, like his a real man ready for the tools, and makes out like it's HIS fastastic idea?

    Seriously! Some poor smuck whose prob mentioned it down a pub in Albury area has prob mentioned it to someone, whose mentioned it to someone else, overtime eventually overheard by a public servent, who's mentioned it at work, eventually made its way to a minister (u get my drift) eventually ending up with someone telling Turnbull, is sitting in front of his old TV eating his budget snaggers & mash tonight going hey that's what I said to Davo down the pub.

    Pollies are puppets hamming it up for the media