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About Snow Hydro
Snowy Hydro Limited is the leading provider of peak, renewable electricity to the National Electricity Market (NEM) as well as water related hedge products to irrigators and farmers. We are a fully integrated Australian energy business with an excellent track record in financial performance, generation innovation, workplace culture and business practices. We currently employ over 400 personnel in Cooma, Jindabyne, Talbingo, Khancoban, Cabramurra, Traralgon, Sydney and Melbourne.
We own and operate the 3756 megawatt (MW) Snowy Mountains Scheme, an integrated water and hydro-electric power project located in Australia's Southern Alps, the 300MW Valley Power gas-fired power station and the 320MW Laverton North gas-fired power station both located in Victoria. In addition, we are the parent company of Red Energy, an electricity retailer selling to consumers in the Victorian and South Australian market and soon into other states.
The Snowy Scheme's rapid response generators and our fast start gas generation portfolio provide essential services to the National Electricity Market, including the supply of peak electricity to New South Wales, Queensland, Victoria, the Australian Capital Territory and South Australia as well as frequency control, voltage control, emergency support and black start capability in the event of a complete system failure. Each year the Snowy Scheme produces on average 4500 gigawatt hours of clean, renewable, hydro electricity, or around 74% of all renewable energy available in the mainland National Electricity Market. |