Project development
Know the future profitability of your projects,
taking into account weather variability
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Anticipate the profitability of your projects
As a developer of solar or wind power plants, you need to know the future profitability of your installations. Due to increasingly stringent Transmission System Operator (TSO) requirements, power plant operators can face significant unbalancing penalties and/or be subject to curtailments. Assessing the renewable energy resources of your assets and their short-term predictability can help you anticipate future penalties and curtailments, so you can build an accurate business model.
If you are operating a hybrid system with an Energy Storage System (ESS) coupled with an Energy Management System (EMS), the size of the battery must be accurately calculated and depends largely on the accuracy of the weather forecast. It can be halved by accurate forecasting.
Steadysun can help you in finding the best locations for your projects, sizing your systems and optimizing your economic models with a wide range of studies tailored to your problems.
Assessing the predictability of solar and wind energy sources is a must to ensure the profitability of your projects.
CASE STUDY
Did you know that using historical data allows for anticipating the costs and risks of the project?
Check out our case study!
Reducing costs and risks in solar projects:
The role of Hindcast data for project developers
Simulation and evaluation of retrospective forecasts for a PV+storage project located in Mauritius.
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