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.
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.
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.
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.
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.
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 trends that illustrate how solar power markets performed in 2020.
REsurety contributes a chapter on how to manage risk in virtual PPAs through Volume Firming Agreements in this new report by RE-Source, a joint platform of WindEurope, SolarPower Europe, the RE100, and the World Business Council for Sustainable Development.
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.
REsurety’s CEO Lee Taylor offered insight into this new report by The Business Renewables Center (BRC), a program of Rocky Mountain Institute. Fill out the form below to access the report. DOWNLOAD THE REPORT