In February 2024, a stakeholder noticed an error in the previous version of the LRMC spreadsheet model. This new version of the model corrects that mistake, which involved the double-counting of an adjustment for lead time in the present value calculations. Correcting the mistake leads to estimates of LRMC that are lower by between 5-20%, depending on input values. This information paper provides more detail about this model change
Stay up to date. Subscribe to receive all major news and updates.