An “8760” (also known as a “typical meteorological year,” or “TMY”) is the expected typical generation for a given wind or solar project for each of the 8,760 hours in a non-leap year. Despite their widespread use in the renewable energy industry, using an 8760 to project financial performance can lead to significant errors in revenue modeling.
Tag Archives: Developers
Modern Decarbonization Strategies Depend on Modern Carbon Impact Data
Purchasing renewable energy is a means to an end: decarbonization. Yet, renewable energy projects are not all equal when it comes to cutting carbon. LMEs solve a pressing need for more accurate and transparent data.
WHITE PAPER: Locational Marginal Emissions
Purchasing renewable energy is a means decarbonization, but renewable energy projects are not all equal when it comes to cutting carbon. Locational Marginal Emissions (LMEs) measure carbon emission avoided by renewable energy projects at the most granular spatial level: the electrical node where energy is injected into the grid.
PRESS RELEASE: REsurety Adds Hourly Price and Generation Granularity to REmap
Texas crisis illustrates how hourly generation during high-priced hours spells the difference between big wins and big losses for clean energy buyers and sellers.
Seven key trends from renewable energy’s 2020 performance & takeaways for 2021
While detailed analysis of the Texas event crisis is still ongoing, the authors note, they examine some of the notable takeaways and trends in renewable energy markets from last year’s performance.
Four key solar market trends from 2020
Four trends that illustrate how solar power markets performed in 2020.
PRESS RELEASE: An Innovative Offtake Contract Makes Its Solar Sector Debut
First used with wind projects, a pgPPA manages weather-related risk by settling a facility’s energy transfer based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.
PRESS RELEASE: Scout Clean Energy completes construction of 180-MW Heart of Texas Wind Farm
Scout Clean Energy reaches commercial operations at Heart of Texas. REsurety provided risk analytics to support a Proxy Generation PPA for the project.
WHITE PAPER: The “P99 Hedge” That Wasn’t – Updated with 2018-2019 Data
REsurety and Energy GPS have joined forces again to empirically analyze how wind farms with P99 Hedges would have fared in ERCOT in the record-setting 2018-2019 period.
PRESS RELEASE: Nephila Climate Adds Proxy Generation PPA To Its Suite Of Hedging Structures For Renewable Energy
Hedging structure allows Scout Clean Energy to manage risks associated with weather and price variability for its Heart of Texas wind farm.