Quote:
Originally Posted by DoubleK
I don't have any project experience on the generation side of things, but I do know the interconnection business pretty well.
The scoping/order of magnitude estimates were +/-50%, progressed to +20/-10% at the proposal stage to +/-10% at the construction stage. In a worst-case scenario, the project would never ever double from the OOM estimate unless the project fundamentally changed.
To read about projects going 3x is mind-bottling. I'd really need to know more about the base estimate to opine on if the base estimate was remotely realistic or not.
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The 2008 estimate was £5.6B. Then in 2018 it was £18B.
https://twitter.com/DrSimEvans/statu...1EkwP6Abw&s=19