Snowy Hydro's Bidding Strategy Affected by Line Upgrades
Snowy Hydro has stated that line upgrades and constraints for Australia's most powerful battery have hindered its bidding strategy, resulting in lower profits.
“Hard to defend:
According to Snowy Hydro's annual report for the 2024/25 financial year, the company's underlying net profit fell to $399.7 million, down from $522.8 million the previous year.
- Line upgrades and constraints affected Snowy Hydro's bidding strategy.
- Underlying net profit decreased to $399.7 million in FY 2025.
Author's summary: Snowy Hydro's profits declined due to line upgrades and battery constraints.
More News
- Another immigration arrest at Monroe County Courthouse - Republic-Times | News
- AR glasses get cheaper as the next platform race begins
- Repreve Fiber Parent Unifi Posts Wider Fiscal Q1 Loss Driven by Tariff-Related Uncertainty | SGB Media Online
- It’s the Specification, Stupid! – Communications of the ACM
- Heart Health: Long-Term Melatonin Use Linked to Cardiovascular Risk
- AI accelerator supports on-chip learning for embedded devices