Snowy Hydro
Snowy Hydro Limited is an electricity generation and retailing company in Australia that owns, manages, and maintains the Snowy Mountains Hydro-electric Scheme that consists of nine hydro-electric power stations and sixteen large dams connected by 145 kilometres (90 mi) of tunnels and 80 kilometres (50 mi) of aqueducts located mainly in the Kosciuszko National Park. Snowy Hydro also owns and operates two gas-fired power stations in Victoria and one in New South Wales, three diesel power stations in South Australia and owns two electricity retailing businesses, Red Energy and Lumo Energy.
| Formerly | Snowy Mountains Hydro-electric Authority |
|---|---|
| Company type | Corporation |
| Industry | Energy |
| Founded | 1949 |
| Founder | Government of Australia Government of New South Wales Government of Victoria |
| Headquarters | , |
Area served | New South Wales Victoria Queensland South Australia Australian Capital Territory |
Key people | Noel Cornish (Chairman) Dennis Barnes (CEO) |
| Products | Electricity generation |
| Services | Electricity retailing, bulk water management |
| Revenue | $3.5 billion (2021/22) |
| $295 million (2021/22) | |
Number of employees | 1,726 (2022) |
| Parent | Government of Australia |
| Subsidiaries | Red Energy Valley Power Peaking Facility |
| Website | www.snowyhydro.com.au |
The company is owned by the Government of Australia and whilst not a statutory corporation, is established by the Snowy Mountains Hydro-electric Power Act 1949 (Cth). Prior to its incorporation under the Corporations Act 2001 (Cth), the company was previously known as Snowy Mountains Hydro-electric Authority.