Poster Spotlight: How a digital twin of your solar plant can generate actionable insights and recovery of underperformance in your operating solar plants
Wednesday, September 13, 2023
10:30 AM – 10:40 AM PDT
Location: Speakers Corner, Booth #11024, Level 1, Venetian Expo Hall
Description and Background: The installed base of operating solar plants continue to grow at a record pace. With this growth comes the opportunity to improve plant performance, the return on investment in operations and maintenance, and the accuracy and uncertainty of future operating energy estimates. Industry data reports that solar assets are underperforming relative to pre-construction estimates, and a recent study found that solar projects underperformed their target production on average by 6.3%.1 The good news is that a meaningful portion of this underperformance is attributable to addressable issues. UL Solutions can help our customers assess, optimize and manage solar performance by drawing on sophisticated analytical software tools and a team of experts to provide recommendations, including remediation actions and operational improvements. Due to large amounts of noise in the traditional+ metrics, it can be challenging for owners to make data-driven decisions when it comes to understanding solar plant underperformance. Operational focus and resources can get allocated to the most impactful issues. The comprehensive and quantitative accounting of losses enabled by UL Solutions' proprietary analysis software tool can help owners and operators create a digital twin of their solar plant to better understand and prioritize the issues responsible for underperformance.