Pumped hydro more expensive than batteries: the intro

trustyetverify's avatarTrust, yet verify

At the end of last week, I came across a SolarQuotes article about Snowy Hydro 2.0 being more expensive than batteries. Snowy Hydro 2.0 is a pumped hydro project in Australia (New South Wales and Victoria) and is currently under construction. The brunt of the article is that pumped hydro is too expensive compared to (grid sized) batteries and makes the plea to halt the project in favor of batteries.

That was new to me. As far as I know, pumped hydro is the cheapest way of dispatchable backup in order to counter intermittency and definitely cheaper than batteries. Yet, the author of this article argues that it is the exact opposite.

The name of the author of the article, Ronald Brakels, rings a bell. Not even a year ago, I wrote a post on his claim that South Australia has the second cheapest electricity in Australia, despite…

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