Energy projects start with the commercial case

An energy project needs more than a technically workable design: its revenue, connection rights and delivery costs must fit together.

Illustrative solar and battery infrastructure connected to the power grid

Start with the source of revenue

An energy project may be technically feasible without yet having a clear commercial case. The first question is who will pay for its output or service, and on what terms.

For storage, contracted income and revenue exposed to future market prices should be shown separately. That distinction makes the operating model and its underlying assumptions easier to assess.

Connect the forecast to the work ahead

Revenue depends on the project being ready to operate. Land rights, grid connections, permissions and equipment procurement therefore belong alongside the financial forecast, not in a separate checklist.

For each unresolved item, record the cost, responsible party and effect on the completion date. A delivery assumption should have a corresponding piece of evidence or a clearly identified gap.

Match funding to readiness

Map the funding request to the work due at each stage, from assessment and permits to construction and operation. Distinguish secured commitments from funding still to be arranged, and show how delays would affect the capital requirement.