Highlights of the findings include:
North America: Below- normal wind speeds in US and Alaska, with above-normal speeds for portions of Canada.
Europe: Western Europe enjoyed above-average winds while Eastern Europe suffered.
India: Northern and far Eastern India experienced below-normal to well below-normal wind speeds. Much of Southeastern India observed above-average speeds.
“Wind resource is a key consideration in long-term energy assessment. Project developers, owners and investors need to consider the long term as well as annual deviations when setting expectations for project portfolio performance,” said Michael Brower, Chief Technical Officer at AWS Truepower.
“Annual deviations in wind resource are to be expected, and a strategy to mitigate the risk of major portfolio underperformance is essential to hedging against the annual variability of wind,” said Brower. “When assessing a portfolio of projects for development, investment or acquisition, it is essential to have a holistic view of the portfolio to ensure quarterly cash flow is reliable.”
AWS Truepower assesses portfolios of pre- and post-construction assets that take into consideration long-term and annual fluctuations in wind resource to gauge portfolio risk in wind projects. Its Wind Trends Bulletin provides wind plant owners, investors and operators with a high-level analysis of wind resource performance influenced by climatic fluctuations. This aids in identifying potential issues with wind project underperformance.
Download each regional report online:
Filed Under: Uncategorized