If running at max outflow (5,000ml/day), do you have any idea at all as to how much power this would add to the Vic/Melb power grid? For instance would it equate to 1% or 2% or any measurable percentage of our total power useage?
The mini-hydro power station has a maximum output of 5 MW. The highest (instantaneous) demand on the Victorian system is from memory around 7 or 8 thousand MW!!!!!!!
Whilst 5 MW is relatively modest, it avoids digging up and burning coal and producing CO2 to that same amount. And it produces power close to the end-user, so neglible loss in the transmission system. (Something like what your roof-mounted solar systems do at only 2 or 3 KW.)
EDIT to add: that the large PS at the base of the dam is 2*60 MW plus 2*7.5 MW (much greater 'fall' or height of water than at the pondage) - still not large compared to the Victorian network; but when the 60 MW turbogenerators went in (1955/56) they were equal largest in the network!
When the 7.5s went in, originally on the old Sugarloaf dam, they were VERY big - early 1930s!
As was the nearby Rubicon scheme at 13 MW in 1926 - which annually produced around 15% of the state's electricity needs. And is still going strong today.