ENERGY
2016 REVIEW Maximizing the potential of wind
6 1
GW solar power
GW solar power
Installed solar power being SCADA-based controlled and monitored by DNV GL.
DNV GL has supported the securitization in eleven PV project portfolios globally representing 1 GW.
Improving quality and driving down solar costs The year 2016 can be described as a remarkable year for renewables. In some countries, wind-generated electricity overtook electricity generated from coal. Meanwhile, the cost of building offshore wind farms fell to new, record-low levels. The sector reduced offshore-wind costs faster than expected, but lower costs and increased competition put pressure on product quality and delivery. Standards and certification help to create confidence in new products. In 2016, we successfully certified an offshore wind farm and a first-of-its-kind offshore accommodation platform and launched a new set of renewables certification services specifications. We continued to gain better insights into the costs and feasibility of wind projects through a validation of wind turbine turbulence models and coupled analysis of floating offshore wind turbines.
17 000+ ENERGY EFFICIENCY ASSESSMENTS
have been conducted since the assessment programme was implemented in 2015 by Consumers Energy.
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ANNUAL REPORT 2016
During 2016, we strengthened our offering to a variety of players in the increasingly competitive solar power industry. We supported utilities in developing utility-scale solar plants and helped investors in the financial securitization of these projects. The rapid drop in solar panel prices has led to fierce competition among solar panel manufacturers, resulting in varying product quality and reliability. DNV GL developed the Product Qualification Programme to mitigate risks for photovoltaic (PV) equipment buyers and solar plant investors by providing independent and reliable performance data. Adding to our services to help drive down the cost of solar power even further, we are developing a global, satellite-based irradiance database for any solar plant location in the world, suitable for use as the primary input to energy production analyses.