🇦🇺Australia

Renewal Process Cost Overruns

0

Definition

Similar to FERC's 5+ year licensing (often decades), Australian approvals involve ILP-like consultations, studies, causing cost blowouts from delays.

Key Findings

  • Financial Impact: AUD 500k - 2M per renewal (consultants/studies); 100-500 hours/project delays
  • Frequency: Every 10-35 years per asset
  • Root Cause: Bureaucratic doc requirements without digital tools

Why This Matters

The Pitch: Hydroelectric operators in Australia 🇦🇺 face AUD 1M+ per renewal in extended costs. Automation of documentation streamlines submissions.

Affected Stakeholders

Project Manager, Legal Counsel, CFO

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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.

Related Business Risks

Operational Downtime from Licence Lapses

AUD 50k - 200k/month lost revenue per MW offline

Licence Compliance & Renewal Fines

AUD 10,000 - 500,000 per breach (typical EPBC fines); 20-50 hours/month manual prep per renewal

Dam Safety Non-Compliance Fines

AUD 10,000-100,000+ per enforcement action; 40+ hours/year per dam for mandatory reporting

Engineering Inspection Costs

AUD 15,000-40,000 per comprehensive inspection; AUD 5,000-15,000 annual; plus remedial works as agreed

Downtime from Safety Reviews

AUD 50,000-200,000 per review in lost generation + remediation delays (1-3% annual capacity)

Non-Compliance with Emergency Action Plan Requirements

AUD 5,000–25,000 per audit finding; AUD 500–5,000 per missed drill documentation; estimated 40–80 hours/quarter manual compliance work at AUD 75–150/hour (AUD 3,000–12,000/quarter)

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