🇦🇺Australia

EIA Process Cost Overruns

2 verified sources

Definition

Comprehensive EIA including cumulative impacts, biodiversity assessments, and stakeholder consultation drives excessive consulting and delay costs.

Key Findings

  • Financial Impact: AUD 2-5M per project for EIA (20-40% overrun typical); AUD 100k+ for biodiversity action plans
  • Frequency: Per development project
  • Root Cause: Manual monitoring of air quality, waste discharge, subsidence, and biodiversity impacts

Why This Matters

The Pitch: Geothermal developers in Australia 🇦🇺 spend AUD 2-5M per project on manual EIA processes. Automation of environmental monitoring cuts costs by 40%.

Affected Stakeholders

Environmental Consultants, Project Managers, Regulatory Affairs

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

EPBC Act Non-Compliance Fines

AUD 500,000+ in fines and delay costs per violation; 12-24 months project delays costing AUD 1-5M

Project Delay from EIA Bottlenecks

AUD 1M+ per month idle capacity during 12-24 month EIS process

Brine Reinjection Clogging Costs

AUD 50,000-200,000/year per project in cleaning, filtration maintenance, and lost capacity (based on 7 projects avoiding severe issues via 25-100 micron filters at 2-10 bar pressures)

Reinjection-Induced Capacity Decline

10-30% reduction in injection rates leading to AUD 500,000+ annual revenue loss per MW capacity from downtime and suboptimal flows

Environmental Non-Reinjection Fines

AUD 50,000-500,000 per violation (EPA fines for wastewater mismanagement) + remediation costs

Capacity Factor Reporting Losses

AUD30-65/MWh lost revenue from unclaimed LGCs; potential 2-5% annual revenue leakage for eligible plants

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