2min chapter

Energy Unplugged by Aurora cover image

EP.114 Global Project Finance Series in partnership with SMBC Group PART II - Australia

Energy Unplugged by Aurora

CHAPTER

The Impact of Project Cost Increases on Supply Chain Delays

Rowan, just to get into brass tacks I suppose and both Jeremy and Elizabeth touched on it there. What are you actually hearing from clients in terms of project cost increases and supply chain delays, at least in Australia?Rowan: There's a range across solar, wind, batteries in particular but it's anywhere in the order of magnitude of 20% to 30% potentially even higher compared to what we were seeing a year or two ago. It's predominantly being driven by material costs whether it's steel, lithium, etc.

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