Updated wind resource
The long-term wind climate is re-derived with the extra years of reanalysis and any onsite mast data, and checked against the original long-term correction.
Refinancing
When an operating wind farm is refinanced, lenders size the new debt on an updated P90. This service combines an updated wind resource assessment with an operational assessment of SCADA or DGR data, so the P50 and P90 reflect the asset's real record rather than its original pre-construction estimate.
The pre-construction energy yield assessment was based on a short measurement campaign, a flow model, and assumed losses. Several years later, the project has its own production record, the long-term wind reference is longer, and the remaining loan tenor is shorter. A refinancing lender's technical advisor will expect the energy case to use all of that.
The long-term wind climate is re-derived with the extra years of reanalysis and any onsite mast data, and checked against the original long-term correction.
Actual production is compared with the original P50 and the difference is split into wind, availability, grid curtailment, wake, and turbine performance.
Availability, curtailment, and performance assumptions for the remaining years are set from the operating record, with ageing and degradation treated explicitly.
Usually not. The wind farm's production record, together with reanalysis data and any existing mast data, normally provides a stronger basis than a new short measurement campaign.
The averaging period is shorter, the uncertainty budget has changed because of the operating data, and the loss assumptions are now based on evidence. Each of these moves the P90, sometimes in opposite directions.
One full year allows a basic reconciliation. Two or more years give a much more reliable operational P50, because a single year can be unusually windy or calm.
Often, yes. Lenders are more comfortable with a shortfall that is explained and corrected than with one that is not. The assessment separates causes that will persist from those that have already been fixed.
Yes. An independent review of the existing assessment is often the quickest way for a lender or investor to get comfortable with the refinancing case.
Share the original EYA, the years of operation, and the data you have, and a scoping call will set out the assessment and a fixed fee.