CALGARY, Alberta (April 11, 2023) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a report that analyzes the impact of wind and solar project design decisions made by developers and quantifies the choices that result in the strongest asset performance.
“Our latest research findings show that with just a few tweaks, you can significantly improve the performance of your wind and solar assets,” said Ryan Luther, senior vice president at EIR and report author. “Choosing the right turbine model for your wind project, for instance, could improve your assets capacity factor by as much as 10%.”
- Turbine model, age and designed wind speed are among the most influential design factors a wind developer can control, while wind quality class and the number of turbines per project demonstrated the least impact.
- The highest-ranked wind turbine model significantly enhances capacity factors relative to the average-ranked model, after controlling for all other factors.
- Our results suggest that inverter supplier, axis tracking, film type and solar module supplier are among the most crucial controllable factors that significantly impact performance outcomes.
- Incorporating single- and dual-axis tracking systems can improve capacity factors by up to 5% when compared to fixed-axis systems.
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About Enverus Intelligence Research
Enverus Intelligence Research, Inc. is a subsidiary of Enverus and publishes energy-sector research that focuses on the oil and natural gas industries and broader energy topics including publicly traded and privately held oil, gas, midstream and other energy industry companies, basin studies (including characteristics, activity, infrastructure, etc.), commodity pricing forecasts, global macroeconomics and geopolitical matters. Enverus Intelligence Research, Inc. is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser.
Media Contact: Jon Haubert | 303.396.5996