Ann: Pumped Storage Hydro Update - Feasibility Optimisation, page-4

There are some grumbles whether Turnbull's new National Energy Guarantee will have a detrimental effect on NAIF funding for Genex.

I highly recommend reading this article https://www.gizmodo.com.au/2017/10/...gh-in-on-turnbulls-national-energy-guarantee/ which reiterates Simon's positive outlook from his ABC Radio interview yesterday. I cut a couple of quotes fyi

"It is likely that renewables plus pumped hydro and battery technologies will be at the heart of our future electricity system. The government’s proposal, if well calibrated, could help to facilitate a transition to this system of the future."
"As the Prime Minister points out, pumped hydro storage (including Snowy 2.0) is highly effective and cost competitive. Pumped hydro can be built fast enough to stabilise any amount of solar and wind at lower overall cost than any fossil fuel alternative."