Prime Minister Morrison is expected to announce today that the government will open a green light to expand the snow-capped hydropower project. The expansion of the Snow Mountain Hydropower Project is expected to total a total investment of A$1.38 billion, which is funded by the federal government. It is expected that after the completion of the project, Australian families will benefit, and the average electricity cost per household will be reduced by about 10%. The expansion of the Snow Mountain Hydropower Project is expected to provide sufficient electricity for 500,000 homes. According to the plan, the expansion of the Snow Mountain Hydropower Project will be completed in 2025. Prime Minister Morrison said that Snowy 2.0 will inject the energy supply and reliability we need for the Australian electricity market. This will help families and businesses cut their electricity bills or costs. This will also help Australia reduce its carbon emissions. The second phase of the Snow Mountain Hydropower Project was proposed by former Prime Minister Turnbull. The Morrison government agreed and continued to implement and approve the plan.