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Construction cost overruns and electricity infrastructure: an unavoidable risk?
journal contribution
posted on 2023-06-08, 23:29 authored by Benjamin SovacoolBenjamin Sovacool, Daniel Nugent, Alex GilbertAn analysis of 401 power plant and transmission projects in 57 countries suggests that costs are underestimated in three out of every four projects, with only 39 projects across the entire sample experiencing no cost overrun or underrun. Hydroelectric dams, nuclear power plants, wind farms and solar facilities each have their own unique set of construction risks.
History
Publication status
- Published
Journal
Electricity JournalISSN
1040-6190Publisher
ElsevierExternal DOI
Issue
4Volume
27Page range
112-120.Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2016-01-19Usage metrics
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