Smiling construction worker in orange hi-vis jacket and hard hat standing with arms crossed on a bridge overlooking a green river valley

Backed by Snowy Hydro

At Red Energy, we believe energy retailers should do more than keep the lights on; they should support renewable, reliable power for homes, communities and the future. This is why we’re proud to be 100% Australian-owned and backed by Snowy Hydro.

The Snowy Hydro story

From generation to wholesale and retail, Snowy Hydro is an Australian-owned end-to-end energy company that has been at the centre of Australian energy reliability since the development of the Snowy Scheme began more than 75 years ago. Snowy is driving the shift to renewables because it’s the lowest-cost way to power our future and it’s why they’re building Snowy 2.0 – which will act like Australia's biggest battery and ensure reliable, affordable energy for generations to come.

How Snowy Hydro generates renewable power

Snowy Hydro turns the natural power of water into renewable energy through the Snowy Scheme. When water flows from the mountain dams through underground tunnels, it spins giant turbines that generate renewable energy. 

This fast, flexible hydro power supports the grid and helps deliver reliable, cleaner energy to the National Energy Market.

What being backed by Snowy Hydro means for you

• You’re supporting Red Energy, owned by a leader in Australia’s renewable transition.

• Snowy Hydro provides on-demand hydro power that strengthens the reliability of our energy grid as more wind and solar come online.

• You’re with a provider that is 100% Australian-owned; one of the few energy retailers to carry the Australian Made logo.

• Your energy choice supports major renewable projects including Snowy 2.0, Australia’s largest committed renewable storage project.

Snowy 2.0 — The next chapter

Snowy 2.0 is a major expansion of the iconic Snowy Scheme that will act like Australia’s biggest battery to underpin reliable, lowest-cost power across the grid.

Snowy 2.0 will work by storing renewable energy on a massive scale, the equivalent of around 26 million home batteries. 

Built to operate for 150 years, Snowy 2.0 will be a national asset owned by every Australian to help secure our energy sovereignty and ensure homes and businesses have reliable energy for generations to come.