Genex Power's 250MW Kidston Pumped Storage Hydro project is expected to create more than 350 construction jobs — mostly fly in, fly out from Townsville — over three and a half years.

Professor Jamie Pittock says the Kidston Pumped Storage Hydro project would be a gold mine for electricity stability. "There is an urgent need for this pumped storage capacity. More and more Australians are putting solar panels on the roof and we're seeing this welcome investment in wind farms."

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