3TIER Solar Anomaly Map Shows Correlation with Australian Floods
By
3TIER
|
July 21, 2011
Analysis Demonstrates Why Short-Term Irradiance Observations are Not Sufficient for Solar Project Feasibility
Seattle, WA 3TIER®, a global leader in renewable energy risk analysis, today released a solar performance map of Australia illustrating a substantial drop in the country's typically abundant solar resource during December 2010. This anomaly correlates with the widespread flooding experienced during January 2011 and demonstrates the importance of using long-term reference data for determining solar project feasibility.
"One year of observations is simply not enough to determine the financial viability of a solar project" - Dr. Cameron Potter, 3TIER Pacific Rim
3TIER’s Australian solar performance analysis shows that during December 2010 large portions of the country saw a 5-15% decrease in solar irradiance compared to the long-term average. Areas in northeastern Australia saw decreases of over 20%, including parts of Queensland, New South Wales (NSW), and Victoria where flooding and precipitation were most concentrated. While these conditions are unusual, this type of analysis dispels the perception that solar energy is always consistent from year to year. It also underscores the need for thorough resource assessments prior to investing in solar projects.
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