SlideShare a Scribd company logo
Wind Measurement Strategies
                     to Optimize Lidar Return on Investment
                                        Matthieu BOQUET1, Karin GÖRNER2, Kai MÖNNICH2
                       1LEOSPHERE      (mboquet@leosphere.fr), 2DEWI (k.moennich@dewi.de)


                                                                                             Abstract
Understanding the wind resource at a prospective project site has long been considered a critical step in the wind farm development process, and therefore wind resource
experts have become more and more sophisticated in performing the assessment of the wind resource. The data collected from a wind resource assessment program, and the
accuracy of that data, drive the success of the wind farm project.
In the context of the constant aim to reduce project uncertainties through the design of their wind resource estimate campaigns, consultants make use of new measurement
technologies and methods of analyzing data. Though the combination of met masts and lidars is one approach that is gaining traction, a remaining question is which
combination strategy must be applied to reach greatest uncertainties reduction at reasonable operational costs.

                                                                                         Methodology
In this paper, DEWI and LEOSPHERE propose to study various wind measurement strategies on an representative wind farm site. Several measurement system combinations
are proposed, including met masts of different heights, and lidar devices, located at one or several locations for varying duration and seasonal periods. The resulting
uncertainties on the annual energy yield estimation are calculated and compared.
Based on a wind farm business case, the results are also shown on a financial level, taking into account the operational costs, leveraging effect, equity investment and Internal
Rate of Return from the developer perspective.

                                                   Wind Resource Assessment and Estimation of AEP Uncertainty
                                                               Strategy   Description                 Comment                                                            M060                  M080                  M100
                                                               M060       60m met mast                40m vertical difference to hub height                                      D                      D                     D
                                                                                                                                                  No lidar         15.4%                 14.3%                 13.8%
                                                               M080       80m met mast                20m vertical difference to hub height                                      D                      C                     A
                                                               M100       100m met mast               Measurement at hub height                                                  D                      D
                                                                                                                                                  Lc1              14.6%                 13.9%                         N/A
                                                                                                      Reduction of vertical extrapolation                                        C                      B
                                                                          1 Lidar position close to
                                                               Lc1
                                                                          the mast
                                                                                                      uncertainty at mast position (in                                           C                      C
                                                                                                      combination with M060 or M080)              Lc1Laf1          13.8%                 13.1%                         N/A
                                                                                                                                                                                 C                      B
                                                                          X lidar position(s) away    Reduction of horizontal                                                    B                      B
                                                               LafX
                                                                          from the mast and fixed     extrapolation only                          Lc1Laf2          13.3%                 12.5%                         N/A
                                                                                                      Reduction of horizontal and vertical
                                                                                                                                                                                 C                      B
                                                                          X lidar position(s) away    extrapolation in the same time                                             A                      A
                                                                                                                                                  Lc1Laf3          12.9%                 12.1%                         N/A
                                                               LasX       from the mast and intra-    (representative wind profile at lidar                                      C                      B
                                                                          seasonally moved            positions due to coverage of all                                           C                      C                     C
                                                                                                      seasons).                                   Las1             13.2%                 12.9%                 12.7%
                                                                                                                                                                                 C                      B                     A
                                                             Hypothesis:                                                                          Las2             12.5%
                                                                                                                                                                                 B
                                                                                                                                                                                         12.3%
                                                                                                                                                                                                        B
                                                                                                                                                                                                               12.1%
                                                                                                                                                                                                                              B
                                                             •Masts are fixed for the complete 1 year of assessment.                                                             B                      A                     A
                                                             •Lidar measurement period of 3 successive months for                                 Legend:                        A                      A                     A
                                                                                                                                                  Las3             11.9%                 11.8%                  11.7%
                                                                                                                                                                                 B                      A                     A
                                                             fixed locations and 4 months for the “moving”
                                                             instrument (1 month per season)                                                                                                 Uncertainty
                                                             The uncertainty of an energy yield calculation has been                                           Legend:                                               Class
                                                                                                                                                                                             Definition
                                                             determined with WAsP using the following:                                                                horizontal             low                        A
A theoretical, but realistic wind farm layout with 41 wind   •Measurement uncertainty mast: 2.0% (IEC conform)                                            overall EY uncertainty             medium-low                 B
turbine slots embedded in a medium-complex terrain           •Measurement uncertainty lidar: 2.0% (pulsed lidar,                                         uncertainty   vertical              medium-high                C
has been used for the study. Mast and lidar positions        following installation best practices)                                                                  uncertainty             high                       D
were in about 4 km distances to gain an optimum              •Uncertainty in long-term correlation of mast: 3.9%
coverage of the wind farm area.                              •Average sensitivity factor (dE/dv): 1.85
                                         Economic Balance: cost of the measurement strategies and resulting bank loan
The total costs of operation (TCO) of the strategies are     The financial analysis is the study of debt size and                                                    M060                   M080                   M100
calculated with the instruments mean market value and        equity investment with which the developer will cover                             No lidar        41.1 M€
                                                                                                                                                                             73%
                                                                                                                                                                                      38.8M€
                                                                                                                                                                                                    74.5%
                                                                                                                                                                                                              37.7M€
                                                                                                                                                                                                                            75.2%
are summarized in the table below:                           the wind farm costs. This leverage effect, as well as the                                                      12.5%                   12.7%                   12.8%
                                                                                                                                                                             74%                     75%
                                                             resulting Internal Rate of Return (IRR), are the very                                 Lc1         39.6 M€      12.6%
                                                                                                                                                                                       38 M€        12.8%
                                                                                                                                                                                                                      N/A
            M080-Lc1Laf1
            M060-Lc1Laf1
            M080-Lc1Laf2
            M060-Lc1Laf2
            M080-Lc1Laf3
            M060-Lc1Laf3




                                                             important metrics the developer is willing to increase at                                                      75.2%                   76.2%
             M100-Las1
             M080-Las1
             M060-Las1
             M100-Las2
             M080-Las2
             M060-Las2
             M100-Las3
             M080-Las3
             M060-Las3




                                                                                                                                                Lc1Laf1
             M080-Lc1
             M060-Lc1




                                                                                                                                                               37.7 M€                36.3 M€                         N/A
 strategy




                                                             most. The following financial parameters are used:                                                             12.8%                    13%
               M100
               M080
               M060




                                                                                                                                                                            75.8%                    77%
                                                                                      Economics related to wind farm                            Lc1Laf2        36.9 M€      12.9%
                                                                                                                                                                                       35 M€        13.1%
                                                                                                                                                                                                                      N/A

                                                              Wind farm Total rated power                                  102.5 MW                                         76.5%                   77.5%
                                                              P50 equivalent hours/NCF                                  2453 hours (28%)
                                                                                                                                                Lc1Laf3        35.8 M€       13%
                                                                                                                                                                                      34.3 M€       13.2%
                                                                                                                                                                                                                      N/A

                                                              Capex (material and construction costs included)            1.45 M€/MW                                         76%                    76.5%                   76.8%
TCO
(k€)




101

119
105




114
102

134
123
109




                                                                                                                                                  Las1         36.6 M€                35.8 M€                35.3 M€
 57
 45
 32
 65
 52
 83
 70

 87


 92
 80
 67


 88




                                                              Revenue (for 15 years, 60€/MWh after ppa)                    80 €/MWh                                         12.9%                    13%                    13.1%
                                                              O&M (15% of revenue)                                         12 €/MWh                                          77%                    77.3%                   77.5%
                                                                                                                                                  Las2          35 M€       13.1%
                                                                                                                                                                                      34.6 M€       13.2%
                                                                                                                                                                                                             34.3 M€        13.2%
Further assumptions: The “on site move” cost is used          Inflation                                                         2%
                                                                                                                                                                            77.8%                    78%                    78.3%
when the lidar is moved from one location to another          GWh price inflation (% of inflation)                             60%                Las3         33.8 M€      13.3%
                                                                                                                                                                                      33.5 M€       13.3%
                                                                                                                                                                                                             33.1 M€        13.4%
                                                              Tax rate                                                         33%
within the same project site. If the lidar is necessary       Wind farm life time                                            20 years         The table above summarizes the              Legend:
less than a year on the same site, it is sent to another      Interest rate                                                   6.5%
                                                                                                                                              equity investment, debt size and IRR               Debt
project to get a full year use of the instrument. The         Debt period                                                    15 years
                                                                                                                                              resulting from the different projects
                                                                                                                                                                                       Equity
                                                                                                                                                                                                  size
                                                                               Banks require a DSCR of 1.2 with P90 revenue
installation and dismantlement costs are then applied.                                                                                        due diligence.
                                                                                                                                                                                    Investment
                                                                                                                                                                                                  IRR

                                                                           Best Measurement Strategies
The best measurement strategies is here be defined as                                                                                         Adding a highly accurate and mobile measurement
the highest reduction of equity investment with the                                                                                           system, like here a pulsed lidar, in a energy yield
lowest operational costs (highest RoI). Results, as                                                                                           assessment has a high RoI, increasing the wind farm
shown on the graph beside, are:                                                                                                               value and considerably decreases the developer
                                                                                                                                              financial effort.
• Lidar away from mast has higher RoI than close
                                                                                                                                                                               References
• Every new location increases the equity savings, the
                                                                                                                                              1. M. Boquet & al., “Return on Investment of a Lidar Remote Sensing Device”, DEWI
RoI however decreases with increasing number of                                                                                                  Magazine, pp.56 to 61
locations                                                                                                                                     2. Iain Campbell & al., “A Comparison of Remote Sensing Device Performance at Rotsea
                                                                                                                                                 site”, RES Group
• Seasonal moves have higher RoI than fixed locations                                                                                         3. A. Albers & al., “Comparison of Lidars, German Test Station For Remote Wind
• Equity savings with lidar can reach 9 millions of Euros!                                                                                       Sensing Devices”, Deustsche Windguard GmbH
                                                                                                                                              4. M. Strack, W. Winkler, “Analysis of Uncertainties in Energy Yield Calculation of Wind
                                                                                                                                                 Farm Projects“, DEWI Magazine No. 22 (2003), pp. 52 to 62



                                                                                                          CANWEA 2011, Vancouver

More Related Content

Viewers also liked

Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
Renewable NRG Systems
 
Steve Sawyer GWEC at NRGsystems: Global Wind Update
Steve Sawyer GWEC at NRGsystems: Global Wind UpdateSteve Sawyer GWEC at NRGsystems: Global Wind Update
Steve Sawyer GWEC at NRGsystems: Global Wind Update
Renewable NRG Systems
 
REBO general - 2015-10-15
REBO general - 2015-10-15 REBO general - 2015-10-15
REBO general - 2015-10-15
reboostende
 
PHM Application for Utility-scale Wind Turbines
PHM Application for Utility-scale Wind TurbinesPHM Application for Utility-scale Wind Turbines
PHM Application for Utility-scale Wind Turbines
Renewable NRG Systems
 
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
Renewable NRG Systems
 
Condition Monitoring Architecture To Reduce Total Cost of Ownership
Condition Monitoring Architecture To Reduce Total Cost of OwnershipCondition Monitoring Architecture To Reduce Total Cost of Ownership
Condition Monitoring Architecture To Reduce Total Cost of Ownership
Renewable NRG Systems
 

Viewers also liked (6)

Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
Bias and Uncertainty of a Lidar Measurement in a Complex Terrain: CanWEA 2011
 
Steve Sawyer GWEC at NRGsystems: Global Wind Update
Steve Sawyer GWEC at NRGsystems: Global Wind UpdateSteve Sawyer GWEC at NRGsystems: Global Wind Update
Steve Sawyer GWEC at NRGsystems: Global Wind Update
 
REBO general - 2015-10-15
REBO general - 2015-10-15 REBO general - 2015-10-15
REBO general - 2015-10-15
 
PHM Application for Utility-scale Wind Turbines
PHM Application for Utility-scale Wind TurbinesPHM Application for Utility-scale Wind Turbines
PHM Application for Utility-scale Wind Turbines
 
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
Advances in Wind Assessment Technology: Industry Pursuit of Higher Resource M...
 
Condition Monitoring Architecture To Reduce Total Cost of Ownership
Condition Monitoring Architecture To Reduce Total Cost of OwnershipCondition Monitoring Architecture To Reduce Total Cost of Ownership
Condition Monitoring Architecture To Reduce Total Cost of Ownership
 

Recently uploaded

Apps Break Data
Apps Break DataApps Break Data
Apps Break Data
Ivo Velitchkov
 
Essentials of Automations: Exploring Attributes & Automation Parameters
Essentials of Automations: Exploring Attributes & Automation ParametersEssentials of Automations: Exploring Attributes & Automation Parameters
Essentials of Automations: Exploring Attributes & Automation Parameters
Safe Software
 
Choosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptxChoosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptx
Brandon Minnick, MBA
 
Dandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity serverDandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity server
Antonios Katsarakis
 
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
Alex Pruden
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Neo4j
 
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
Edge AI and Vision Alliance
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
Fwdays
 
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup SlidesProgramming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
Zilliz
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
AstuteBusiness
 
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdfHow to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
Chart Kalyan
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
DianaGray10
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
MichaelKnudsen27
 
Fueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte WebinarFueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte Webinar
Zilliz
 
HCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAUHCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAU
panagenda
 
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge GraphGraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
Neo4j
 
Mutation Testing for Task-Oriented Chatbots
Mutation Testing for Task-Oriented ChatbotsMutation Testing for Task-Oriented Chatbots
Mutation Testing for Task-Oriented Chatbots
Pablo Gómez Abajo
 
Principle of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptxPrinciple of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptx
BibashShahi
 
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing InstancesEnergy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Alpen-Adria-Universität
 

Recently uploaded (20)

Apps Break Data
Apps Break DataApps Break Data
Apps Break Data
 
Essentials of Automations: Exploring Attributes & Automation Parameters
Essentials of Automations: Exploring Attributes & Automation ParametersEssentials of Automations: Exploring Attributes & Automation Parameters
Essentials of Automations: Exploring Attributes & Automation Parameters
 
Choosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptxChoosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptx
 
Dandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity serverDandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity server
 
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
 
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
“How Axelera AI Uses Digital Compute-in-memory to Deliver Fast and Energy-eff...
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
 
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup SlidesProgramming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
 
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdfHow to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
 
Artificial Intelligence and Electronic Warfare
Artificial Intelligence and Electronic WarfareArtificial Intelligence and Electronic Warfare
Artificial Intelligence and Electronic Warfare
 
Fueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte WebinarFueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte Webinar
 
HCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAUHCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAU
 
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge GraphGraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
 
Mutation Testing for Task-Oriented Chatbots
Mutation Testing for Task-Oriented ChatbotsMutation Testing for Task-Oriented Chatbots
Mutation Testing for Task-Oriented Chatbots
 
Principle of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptxPrinciple of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptx
 
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing InstancesEnergy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
 

Wind Measurement Strategies to Optimize Lidar Return on Investment

  • 1. Wind Measurement Strategies to Optimize Lidar Return on Investment Matthieu BOQUET1, Karin GÖRNER2, Kai MÖNNICH2 1LEOSPHERE (mboquet@leosphere.fr), 2DEWI (k.moennich@dewi.de) Abstract Understanding the wind resource at a prospective project site has long been considered a critical step in the wind farm development process, and therefore wind resource experts have become more and more sophisticated in performing the assessment of the wind resource. The data collected from a wind resource assessment program, and the accuracy of that data, drive the success of the wind farm project. In the context of the constant aim to reduce project uncertainties through the design of their wind resource estimate campaigns, consultants make use of new measurement technologies and methods of analyzing data. Though the combination of met masts and lidars is one approach that is gaining traction, a remaining question is which combination strategy must be applied to reach greatest uncertainties reduction at reasonable operational costs. Methodology In this paper, DEWI and LEOSPHERE propose to study various wind measurement strategies on an representative wind farm site. Several measurement system combinations are proposed, including met masts of different heights, and lidar devices, located at one or several locations for varying duration and seasonal periods. The resulting uncertainties on the annual energy yield estimation are calculated and compared. Based on a wind farm business case, the results are also shown on a financial level, taking into account the operational costs, leveraging effect, equity investment and Internal Rate of Return from the developer perspective. Wind Resource Assessment and Estimation of AEP Uncertainty Strategy Description Comment M060 M080 M100 M060 60m met mast 40m vertical difference to hub height D D D No lidar 15.4% 14.3% 13.8% M080 80m met mast 20m vertical difference to hub height D C A M100 100m met mast Measurement at hub height D D Lc1 14.6% 13.9% N/A Reduction of vertical extrapolation C B 1 Lidar position close to Lc1 the mast uncertainty at mast position (in C C combination with M060 or M080) Lc1Laf1 13.8% 13.1% N/A C B X lidar position(s) away Reduction of horizontal B B LafX from the mast and fixed extrapolation only Lc1Laf2 13.3% 12.5% N/A Reduction of horizontal and vertical C B X lidar position(s) away extrapolation in the same time A A Lc1Laf3 12.9% 12.1% N/A LasX from the mast and intra- (representative wind profile at lidar C B seasonally moved positions due to coverage of all C C C seasons). Las1 13.2% 12.9% 12.7% C B A Hypothesis: Las2 12.5% B 12.3% B 12.1% B •Masts are fixed for the complete 1 year of assessment. B A A •Lidar measurement period of 3 successive months for Legend: A A A Las3 11.9% 11.8% 11.7% B A A fixed locations and 4 months for the “moving” instrument (1 month per season) Uncertainty The uncertainty of an energy yield calculation has been Legend: Class Definition determined with WAsP using the following: horizontal low A A theoretical, but realistic wind farm layout with 41 wind •Measurement uncertainty mast: 2.0% (IEC conform) overall EY uncertainty medium-low B turbine slots embedded in a medium-complex terrain •Measurement uncertainty lidar: 2.0% (pulsed lidar, uncertainty vertical medium-high C has been used for the study. Mast and lidar positions following installation best practices) uncertainty high D were in about 4 km distances to gain an optimum •Uncertainty in long-term correlation of mast: 3.9% coverage of the wind farm area. •Average sensitivity factor (dE/dv): 1.85 Economic Balance: cost of the measurement strategies and resulting bank loan The total costs of operation (TCO) of the strategies are The financial analysis is the study of debt size and M060 M080 M100 calculated with the instruments mean market value and equity investment with which the developer will cover No lidar 41.1 M€ 73% 38.8M€ 74.5% 37.7M€ 75.2% are summarized in the table below: the wind farm costs. This leverage effect, as well as the 12.5% 12.7% 12.8% 74% 75% resulting Internal Rate of Return (IRR), are the very Lc1 39.6 M€ 12.6% 38 M€ 12.8% N/A M080-Lc1Laf1 M060-Lc1Laf1 M080-Lc1Laf2 M060-Lc1Laf2 M080-Lc1Laf3 M060-Lc1Laf3 important metrics the developer is willing to increase at 75.2% 76.2% M100-Las1 M080-Las1 M060-Las1 M100-Las2 M080-Las2 M060-Las2 M100-Las3 M080-Las3 M060-Las3 Lc1Laf1 M080-Lc1 M060-Lc1 37.7 M€ 36.3 M€ N/A strategy most. The following financial parameters are used: 12.8% 13% M100 M080 M060 75.8% 77% Economics related to wind farm Lc1Laf2 36.9 M€ 12.9% 35 M€ 13.1% N/A Wind farm Total rated power 102.5 MW 76.5% 77.5% P50 equivalent hours/NCF 2453 hours (28%) Lc1Laf3 35.8 M€ 13% 34.3 M€ 13.2% N/A Capex (material and construction costs included) 1.45 M€/MW 76% 76.5% 76.8% TCO (k€) 101 119 105 114 102 134 123 109 Las1 36.6 M€ 35.8 M€ 35.3 M€ 57 45 32 65 52 83 70 87 92 80 67 88 Revenue (for 15 years, 60€/MWh after ppa) 80 €/MWh 12.9% 13% 13.1% O&M (15% of revenue) 12 €/MWh 77% 77.3% 77.5% Las2 35 M€ 13.1% 34.6 M€ 13.2% 34.3 M€ 13.2% Further assumptions: The “on site move” cost is used Inflation 2% 77.8% 78% 78.3% when the lidar is moved from one location to another GWh price inflation (% of inflation) 60% Las3 33.8 M€ 13.3% 33.5 M€ 13.3% 33.1 M€ 13.4% Tax rate 33% within the same project site. If the lidar is necessary Wind farm life time 20 years The table above summarizes the Legend: less than a year on the same site, it is sent to another Interest rate 6.5% equity investment, debt size and IRR Debt project to get a full year use of the instrument. The Debt period 15 years resulting from the different projects Equity size Banks require a DSCR of 1.2 with P90 revenue installation and dismantlement costs are then applied. due diligence. Investment IRR Best Measurement Strategies The best measurement strategies is here be defined as Adding a highly accurate and mobile measurement the highest reduction of equity investment with the system, like here a pulsed lidar, in a energy yield lowest operational costs (highest RoI). Results, as assessment has a high RoI, increasing the wind farm shown on the graph beside, are: value and considerably decreases the developer financial effort. • Lidar away from mast has higher RoI than close References • Every new location increases the equity savings, the 1. M. Boquet & al., “Return on Investment of a Lidar Remote Sensing Device”, DEWI RoI however decreases with increasing number of Magazine, pp.56 to 61 locations 2. Iain Campbell & al., “A Comparison of Remote Sensing Device Performance at Rotsea site”, RES Group • Seasonal moves have higher RoI than fixed locations 3. A. Albers & al., “Comparison of Lidars, German Test Station For Remote Wind • Equity savings with lidar can reach 9 millions of Euros! Sensing Devices”, Deustsche Windguard GmbH 4. M. Strack, W. Winkler, “Analysis of Uncertainties in Energy Yield Calculation of Wind Farm Projects“, DEWI Magazine No. 22 (2003), pp. 52 to 62 CANWEA 2011, Vancouver