Snowy 2.0 can 'out-compete' any new coal plants, chief says

Market shift to renewables means scheme's economic case stacks up, senators told

The head of the government's Snowy 2.0 project says the expanded scheme would be able to "out-compete" any new coal-fired power.

Snowy Hydro's managing director and chief executive, Paul Broad, told a Senate estimates hearing on Tuesday the project would perform better than any new coal plants, including those being pushed for by government backbenchers , because of the increasing market shift toward renewables.