Australia’s Queensland government is set for crunch talks with Queensland Hydro to “save” the 2GW/48GWh Borumba pumped hydro energy storage (PHES) project, with its cost having increased to AU$18 billion (US$11.5 billion) and been delayed by three years.

Pumped hydro energy storage (PHES) developer Queensland Hydro has revealed a flurry of contracts today (17 September) to help progress the development of its 2GW Borumba project in Australia.