Solar Energy Forecasting and Resource Assessment

Chapter 4

Evaluation of Resource Risk in Solar-Project Financing

Andrew C. McMahan and Catherine N. Grover,    Luminate

Frank E. Vignola,    Solar Radiation Monitoring Laboratory, University of Oregon

Chapter Outline

4.1. Introduction

4.2. Perspectives on Resource Risk in Project Financing

4.3. Data Sources, Quality, and Uncertainty

4.3.1. Ground-Measured, Ground-Modeled, and Satellite Data Sources

4.3.2. Length of Record and Variability

4.3.3. Comparison and Intercalibration of Different Solar Datasets in Time and Space

4.3.4. Data Uncertainty

4.4. Commercial Implications of Resource Variability

4.4.1. Variations in Price

4.4.2. Delivery Requirements and Capacity Payments

4.4.3. Forecasting Requirements

4.5. Techniques for Quantifying and Managing ...