Wednesday, 25 January 2012
Wind Forces Technology to Improve Bankability of Wind Energy Assessment
Hall E (New Orleans Convention Center )
Current wind energy assessment methods rely on short-period (e.g., 1 year) wind measurements at prospective wind project sites, often followed by statistical techniques (e.g., MCP methods) to estimate long-term energy production variability. These approaches prolong wind energy assessment efforts and, at the same time, usually introduce larger biases in such estimates. As more bias leads to lesser confidence in wind energy assessment, it also means more risk for the investors and other stakeholders.
Wind Forces cutting-edge wind energy assessment technology provides highly accurate wind information at desired locations and heights for not only one year but multiple (10+) years in a matter of months. Since this technology can produce location/height specific wind information accurately, it significantly improves bankability of wind energy assessment efforts. A brief overview of the methodology, deficiencies in current approaches, real world wind energy assessment examples based on Wind Forces technology, will be presented.
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