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Intelligence for energy companies seeking a data-driven approach to cost management

APAC Power & Renewables Cost Inflation Trends Q3 2022

December 13, 2022 at 9:11 AM / by Wood Mackenzie Supply Chain

Geopolitical tensions around Taiwan, the fallout from the war in Ukraine and China’s zero-Covid policy and property sector crisis continue to unsettle commodity markets, testing the resilience of solar, wind, battery storage and utility supply chains.

Despite a slide in the price of some cost components in Q3, our Power & Renewables Cost Inflation Report indicates that volatility remains in key items, such as solar modules, wind towers and blades, and lithium iron phosphate batteries will hang on in Q4 across the APAC region.



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