Education & explainersCivil MentorsHow Australia’s $2 Billion Megaproject Turned into a $42 Billion Disaster

How Australia’s $2 Billion Megaproject Turned into a $42 Billion Disaster

Long-form15:57Education

Published Aug 11, 2026, 11:00 AM · 2mo ago

Civil Mentors
Civil Mentors
213K subscribers · median 23.7K views
Views
7,978
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Likes
148
1.9% of views
Comments
23
0.29% of views

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122
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Description

Snowy 2.0 was supposed to become the giant underground battery that secured Australia’s energy future. Instead, the project has suffered massive cost overruns, years of delays and serious tunnelling problems beneath the Snowy Mountains. In this video, we look at how a megaproject once expected to cost around $2 billion grew beyond $12 billion, what went wrong during construction, and whether Australia can still justify completing it. Subscribe: https://www.youtube.com/c/CivilMentors?sub_confirmation=1 *Copyright Disclaimer* We may use some clips in our videos from other fellow creators mainly for educational, research purpose under Copyright act 1976 Section 107. But if you still want us to remove your content from our videos, please feel free to contact us at Brian[at]CivilSeek.com and we'll happily do so. Thank You!
Tags
snowyhydrosnowy 2.0snowy hydrosnowy hydro 2.0snowy 2.0 disastersnowy mountainsaustralia megaprojectaustralian megaprojectsaustralia energy projectpumped hydro storagerenewable energyenergy storagehydroelectric powermegaprojectsengineering projectsconstruction disasterinfrastructure failuretunnel boring machinetbm florencetantangara reservoirtalbingo reservoirunderground power stationcivil engineeringenergy crisiscivil mentors

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