Hydropower / Pumped Hydro Energy StorageProject Kidston Pumped Hydro Energy Storage
This Lessons Learnt Report provides a detailed analysis on the Kidston PHES project cost elements as at financial close, particularly focusing on the cost build up elements so they can be learnt from for future projects.
The Project has a total development cost of $775M. This amount includes the core Project Engineering, Procurement and Construction (EPC) cost, the Project’s contribution towards the capital cost of the new 186km transmission line from Kidston to Mount Fox, the surface connection assets at Kidston, other costs associated with the construction program for the Project and also costs associated with the financing. An overview of the capital costs is shown in the table below.