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%.”
Key takeaways:
- 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.
Members of the media should contact Jon Haubert to schedule an interview with one of Enverus’ expert analysts.
About Enverus
Enverus is the most trusted, energy-dedicated SaaS platform, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 98% of U.S. energy producers, and more than 35,000 suppliers. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing, and our experienced industry experts support our customers through thought leadership, consulting and technology innovations. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 6,000 customers in 50 countries. Learn more at Enverus.com.
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
