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: hedgeproviders
Who were the “winners” & “losers”? An analysis of wind projects in Texas’ 2021 deep freeze
In this analysis, we’ll take a closer look at the project-level hourly performance data and seek to identify key trends and takeaways from that granular dataset. We’ll focus on wind projects, as solar projects were widely known to have performed or overperformed relative to expectations.
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.
Coronavirus disruption just the latest example of “new normal” for energy markets
The only certainty in renewable energy markets is uncertainty. CEO Lee Taylor shares his insights on tools available today to understand and manage risk – tools like REmap, Volume Firming Agreements, and Settlement Guarantee Agreements.
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.
Covariance risk: What it is and how to manage it
Norton Rose Fulbright’s June 2019 Project Finance NewsWire features an interview with Lee Taylor, REsurety’s CEO on covariance risk and how to manage it. It starts on Page 21. The article is based on a Feb. 2019 Currents Podcast.
