Construction Cost Overruns and Electricity Infrastructure: An Unavoidable Risk?

By Benjamin Sovacool, Daniel Nugent, Alexander Q. Gilbert. 2014

111 citations recorded by the source corpus.

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.

Subfields: Building and Construction, Civil and Structural Engineering, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/79637530c755ea46b7145ff2c092d6e637bd282c

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Building and Construction

1. Benjamin Sovacool
2. R. Pietzcker

In Management Science and Operations Research

1. Daniel Nugent
2. Benjamin Sovacool
3. Alexander Q. Gilbert
4. R. Pietzcker

Citations in the corpus

• Tightening EU ETS targets in line with the European Green Deal: Impacts on the decarbonization of the EU power sector (2021, background): “In the European Commission [1] scenarios, nuclear power also plays a role, despite the increasingly difficult outlook for nuclear expansion in the EU: nuclear power faces not only increasing opposition in the form of moratoriums to new plants, cancellations9 and phase-out plans, but also cost overru”
• Risk, innovation, electricity infrastructure and construction cost overruns: Testing six hypotheses (2014, background): “” In other words, there appeared to be no clear cut factors or rules governing what caused an overrun [34].”