Presentation Description: Last year we explored overbuild scenarios in development wind projects, but there are other ways to take advantage of FERC order 845. The order itself disconnects interconnection capacity rights from the installed capacity of an asset, allowing wind farms to be “overbuilt.” However, the order does not state that a wind farm must be overbuilt with more wind generation. As developers seek creative ways to increase returns in complex and competitive markets, owners may find opportunity with the installation of new solar plants that leverage existing infrastructure or excess interconnect capacity at both operational and development wind farms.
But how do we analyze the impact of interconnected wind and solar farms? To maintain inherent correlations between wind and solar resource variables, we turn to time series modeling.
In this presentation we will explain our methodology for evaluating clipping losses at both plants as well as optimizing the parameters of the solar build-out from a business perspective. The process includes long-term data extension and semi-stochastic loss modeling to understand the spectrum of possible loss profiles and their impact on project economics.
Methodology: power point presentation with clear visuals and animations to distill information