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Join Date: Sep 2009
Location: Ranchi, India
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How to Calculate P75, P90 & P95 Values for AEP Prediction in a Wind Power Plant

06/11/2010 6:49 AM

Dear Friends,

In the planning and financing stage of a wind power plant project, risk assessment is required quantifying all risks related to the wind farm financing.

The output from a wind power plant is given in terms of AEP (Annual Energy Production). At the same time, AEP is also given in terms of exceedance probabilities (Pxx) of the wind farm's annual energy production. For example, P75 is the annual energy production which is reached with a probability of 75%. The risk that an annual energy production of P90 is not reached is 10%. Both values are widely used by banks and investors as base in their financing decisions.

Please help me to obtain P75, P90 & P95 values from AEP. I understand that some correction factors (may be based on site conditions) are employed for this.

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Guru

Join Date: Jul 2006
Location: Eastern Kansas USA
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#1

Re: How to Calculate P75, P90 & P95 Values for AEP Prediction in a Wind Power Plant

06/15/2010 11:02 PM

Tri_anand,

Mostly it is based on meterological data for the particular site, to give the % distribution of wind speeds for a year. This is then input into a spreadsheet or other program in which the turbine's power output is entered for each wind speed. The result of this calculation is the AEP or annual energy production. Depending on the reliability of the original data, turbine height, turbine design, the variability in the weather, and maintenance or breakdown history, you will have a likelihood or probability that the actual energy output will be less than the calculated AEP. Bankers like to look at returns so the probability is expressed in the opposite terms--the probability of the AEP being too low. This probability is your Pxx, where xx is some number for the percent probability that the calculated (predicted) output will be exceeded by the actual.

I have not done these calculations myself, but I suggest a search on the relevant terms. One fairly simple report I came across was at: http://www.dewi.de/dewi/fileadmin/pdf/publications/Magazin_28/07.pdf. Another site was a consultant in this area: http://www.kema.com/services/consulting/efficiency/project-development/wind-resource-modeling.aspx. Another company's brochure is at: http://eapcwindenergy.com/eapcwind-brochure-200907.pdf.

Hope this helps with information you may not have had already. --John M.

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