Lake Onslow Pumped Hydro a goer.

[harm_less]

$16 billion to do.  Which actually means it will be closer to $30 billion by the time they get around to doing anything.  Seems that could build a shit load of wind, solar and hydro surely?

The main point of the project is to provide storage to buffer the intermittancy of wind and solar, together with offsetting hydro shortfall in dry years. Onslow will stop the extortionate peak wholesale rates that are so damaging to our current supply set-up and requires the thermal backup generation which is ruining our emission targets.

Put the cost against the increasing price of providing hydrocarbons for peak generation and the $16b gains a bit of relevancy.