Now that you’ve got the 411 on our assessments, you’re probably wondering how that’s different from forecasting, the other thing on which we spend a lot of time and computing power.
In short, an assessment analyzes lots of past data to tell you what the weather was like, whereas a forecast tells you what the weather will be like. “Assessment is ‘hindcasting,’” Scott Eichelberger says. Which means forecasting is … well, you know what it is. Scott didn’t give me a pithy one-liner for forecasting.
Who uses our assessments? Developers who are prospecting for sites for new installations, financiers wanting to know the power-producing potential of a site, and builders who want weather data to help guide which equipment and technology they use. FirstLook assessments are available for wind and solar, whereas the more detailed FullView assessments cover wind.
Who wants forecasts? Usually, energy site and utilities operators who need to plan which sources of power they will call upon in order to ensure a steady supply to the grid. We currently forecast for wind and hydro. I’ll cover forecasting in much more detail in upcoming posts.