INTERVIEW | Snowy Hydro Battery Shift – ABC Radio with Tim Buckley

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CEF in the media  |  Sep 29, 2025

INTERVIEW | Snowy Hydro Battery Shift – ABC Radio with Tim Buckley

Interview – ABC Radio with Eddie Williams
Guest: Tim Buckley, Director of Climate Energy Finance

Snowy Hydro, one of Australia’s longest-running renewable energy projects, has signed its first major battery storage deal with Akaysha Energy to build the Elaine Battery in Victoria. The battery will provide short-duration storage to complement Snowy’s long-duration pumped hydro, helping to balance supply when solar and wind energy are unavailable.

Tim Buckley of Climate Energy Finance says this marks a turning point, with battery technology disrupting Australia’s fossil-fuel-heavy energy market. Backed by global investor BlackRock, Akaysha plans to develop five battery sites. He argues that large-scale batteries are timely, cost-effective, and essential for decarbonisation – particularly in the face of political inaction and the failures of past mega-projects like Snowy 2.0.

Source: ABC Radio – Southeast NSW Breakfast

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