.
BbP, you r quick on the draw with this one!
Hey ziffera, welcome to the CobaltChat forum. So glad you found us!
Yes, we love pics here. How did you get interested in Cobalt boats?
Love Lake Tahoe

. Did some fun boating there in a prior life.
Your engine hatch is most likely powered by a Bennett hydraulic power unit (HPU). These units are a dual purpose pump & are also used to hydraulically move your trim tabs up & down on the stern of the boat (if you have that option installed...not to be confused with outdrive trim).
The good news is that this pump is extremely reliable. Rarely do they fail. ($250 pump)
First, the HPU is normally located in the stern of the engine compartment on the port or starboard side. It has a smoke colored lexan plastic cover on it. Check to make sure it has power steering fluid in it. (Look at the line on the white square tub). Btw, it only measures correctly when the hatch is closed!!! If you top it off while open, fluid will be forced out when you close the hatch making a nice mess.
The bad news, normally it’s something electrical that’s the culprit.
The good news is that looking under your dash and making sure your wires look good and are attached firmly is all that’s required—as well as checking that the circuit breaker is pushed in. Also check connections on the HPU.
My hatch recently would go up normally but would close VERY slowly. Traced it to a chafed wire under the dash & the actuation switch with dirty contacts.
After I respliced the wire and cleaned the carbon build up in the switch, she works perfectly. Very simple system.
Hope this helps.
...and again, welcome aboard mate!
.