About Wind power generation performance indicators
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6 FAQs about [Wind power generation performance indicators]
What are key performance indicators (KPIs) for the wind industry?
Key performance indicators (KPIs) are a solid and frequently used tool for this purpose. However, the KPIs used in the wind industry are not uni ed to date, which makes comparison in the industry di cult. Further, comprehensive standards on a set of KPIs for the wind industry are missing.
Why should the wind energy industry use financial KPIs?
This should be a common goal of the wind energy industry and academia for the future. All discussed financial KPIs fulfil the necessary properties and can be used as they are, allowing to reveal variations in the financial status of the asset. An overview over the proposed indicators and their properties can be found in Table 2. Table 2.
Is monetary-based availability a key KPI for wind energy performance?
First mentioned in this context by Hirsch et al. in 2016, monetary-based availability is not yet used in the wind industry but has potential to be the upcoming most important KPI to assess the overall performance of WTs. While the time-based availability solely considers downtime, the production-based availability focuses on lost energy yield.
What are maintenance performance indicators?
Maintenance performance indicators (Key performance indicators -KPIs) are now a reality and have become an extremely powerful tool for decision making.
How to improve the profitability of wind energy projects?
The growth in the wind energy sector is demanding projects in which profitability must be ensured. To fulfil such aim, the levelized cost of energy should be reduced, and this can be done by enhancing the Operational Expenditure through excellence in Operations & Maintenance.
Are wind indexes a good KPI?
Wind indexes can be used to correct long-term variability [51, 49]. There is no doubt that there are better KPIs for all of these di erent applications, but both KPIs are frequently used in the wind industry, especially because of their universality and simplicity. Appendix A.4.
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