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Queensland’s 48GWh Borumba PHES site set for crunch talks amid cost increase to AU$18 billion
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.