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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 Gilbert
An 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 Journal

ISSN

1040-6190

Publisher

Elsevier

Issue

4

Volume

27

Page range

112-120.

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2016-01-19

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