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Future uncertain for key Tasmania to mainland power transmission link after $2bn cost blowout

Federal government in discussion with states after cost of Marinus Link nearly doubles, putting decarbonisation and energy goals at risk

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Tasmania is optimistic the Albanese government will lift funding for a key new transmission link to the mainland after projected costs blew out by at least $2bn.

The Marinus Link was originally priced at $3bn in 2021 for its two-stage construction of separate cables across the Bass Strait, each with 750 megawatt capacity.

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