Planned pumped hydro project aims to lower energy prices

A pumped hydro project in South Australia looks to be given a tick of approval to move forward. The project, which is part of the government's 2020 energy underwriting program, was one of three hydro projects on a shortlist to gain financial support. The project aims to lower prices, boost competition and increase reliability of supply as Energy Minister Angus Taylor says he's taking action to bring energy prices down. Via news.com.au — Australia’s #1 news site https://www.news.com.au