Multi-year time series versus TMY for utility-scale PV prospecting using historic market power value

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2. 
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2
, ,
1
,
1
LOLP
i
i
m
i i k i k
k
m
ik i k
k
B p
p C


 


annual benefit ($)
PV module degradation
rate of return
iB
r




1
1
(1 )
PVB
(1 )
in
i
i
i
B
r







,
,
hourly power price
hourly power production
LOLP Loss of Load Probability
Capacity Price
i k
i k
k
i
p
C

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

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, ,
1 1
1 1
ECF
imn
i k i k
i knom i
p
p m 
 
  
 
 
1
, ,
1 1
(1 )
PVB
(1 )
ii mn
i k i ki
i k
p
r

 
 
   
 



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Replaced
6-7 Jan 2014

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