2016: Power in the Wind
Uncertainty about the lifetime power potential at a proposed wind farm site raises financing costs and the level of risk for investors. This team will develop new computational tools to improve projections of annual electricity yields from potential wind farms—a first step toward tools to forecast the impact of climate change and variability on wind resources and operating conditions. More reliable short-term and lifetime projections of wind installations’ potential will reduce investment risk and enhance the financial competitiveness of wind energy. A renewable energy financing company is a partner on this project.