This Lessons Learnt Report outlines the key learnings Meridian Energy Australia has learnt in the six month period of April 2019 – October 2019 in regard to their involvement in the ARENA Short Term Forecasting trial.
Report extract
Pre Installation
- Ensure that the initial budget and project schedule contains contingency as there may be changes in the process of preparing the detailed project design and final costs being negotiated with all suppliers. Without this contingency, there is a risk of changes to the initial budget and the schedule which can impact the terms contained in the short term funding agreement.