– Eoltech released findings of a study on global wind resource variations, showing that wind power production remains predictable with annual variations within a ±3% range.
– The study combines irec wind energy indexes for geographical areas with the highest number of wind farms, generating a ‘Global’ and ‘European’ wind energy index to analyze global wind resource trends over the past 15 years.
– The irec index, which includes ERA5 data, is used by asset managers and wind farm owners to monitor production capacity and assess portfolio value over time.
Eoltech recently conducted a study on global wind resource variations over the past 15 years and found that wind power production remains very predictable, with annual fluctuations staying within a ±3% range. This conclusion was drawn from the irec index, which covers 80% of the world’s onshore wind farms installed by 2023. The analysis combines monthly wind energy indexes for 300 geographical areas with a high concentration of wind farms to create a Global and European wind energy index, offering insights into global wind trends.
The study revealed that while wind resource variations within Europe are slightly higher at ±7%, the global wind resource has remained stable without a downward trend over the years. Eoltech CEO, Habib Leseney, expressed optimism for the future of wind power based on the consistent presence of wind energy globally. The irec index, which utilizes ERA5 climate reanalysis data, is a valuable tool for asset managers and wind farm owners to monitor and compare production capacities and identify any portfolio value drift over time.
Additionally, the Energy Global magazine’s Spring 2024 issue features technical articles on various renewable energy topics, including battery storage solutions, electrical infrastructure, turbine monitoring, and more. The publication aims to provide insights and updates on the latest developments in the global renewable energy sector.