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  • Risk management, financial evaluation and funding for wastewater and stormwater reuse projects

    Author(s)
    Furlong, Casey
    De Silva, Saman
    Gan, Kein
    Guthrie, Lachlan
    Considine, Robert
    Griffith University Author(s)
    Guthrie, Lachlan
    Year published
    2017
    Metadata
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    Abstract
    This paper has considered risk management, financial evaluation and funding in seven Australian wastewater and stormwater reuse projects. From the investigated case studies it can be seen that responsible parties have generally been well equipped to identify potential risks. In relation to financial evaluation methods some serious discrepancies, such as time periods for analysis, and how stormwater benefits are valued, have been identified. Most of the projects have required external, often National Government, funding to proceed. As National funding is likely to become less common in the future, future reuse projects may ...
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    This paper has considered risk management, financial evaluation and funding in seven Australian wastewater and stormwater reuse projects. From the investigated case studies it can be seen that responsible parties have generally been well equipped to identify potential risks. In relation to financial evaluation methods some serious discrepancies, such as time periods for analysis, and how stormwater benefits are valued, have been identified. Most of the projects have required external, often National Government, funding to proceed. As National funding is likely to become less common in the future, future reuse projects may need to be funded internally by the water industry. In order to enable this the authors propose that the industry requires (1) a standard project evaluation process, and (2) an infrastructure funders' forum (or committee) with representation from both utilities and regulators, in order to compare and prioritise future reuse projects against each other.
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    Journal Title
    Journal of Environmental Management
    Volume
    191
    DOI
    https://doi.org/10.1016/j.jenvman.2017.01.007
    Subject
    Environmental Sciences
    Publication URI
    http://hdl.handle.net/10072/400753
    Collection
    • Journal articles

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