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Danish Meteorological Institute

IEA SHC Task 46: Bankable Solar Data Sets for Concentrating Technologies

Submitted by Baerbel Epp on November 2, 2016
Whether investors put their money into large-scale concentrating solar heat and power systems, solar district heating plants or photovoltaic fields, they need to be able to rely on data sets to include the uncertainty and variability of input information. Financial institutions do like to know in what way these factors can impact revenue flows in financing, so researchers of IEA SHC Task 46, Solar Resource Assessment and Forecasting, have spent several years analysing various approaches to the topic. The flow chart of the financing model shows that solar resource data is essential to a proper assessment of the average power or heat generation per year as well as the range of variability over several years. SHC Task 46 is a five-year collaborative effort (2011-2016) with support from the IEA SolarPaces Programme (Task V) and the IEA Photovoltaic Power Systems Programme (Task 14).
Chart: Manuel Blanco, SolarPaces

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