Best option for ditched Queensland pumped hydro project less than half the cost claimed by premier

The new Queensland government abandoned the Pioneer Burdekin Pumped Hydro Energy Storage (PHES) system. Strange claims were made by the premier that its capital cost is $37 billion.

However, the cost of Option 2 (single tunnel, 120 GWh, 2.5 GW) in the costing report for this project is $17…