Renewable Energy Risk Assessment (RERA)

Grace Madingou

Presentation Grace Madingou

Electrical Engineering Student Polytechnique Montreal Soccer and Tennis

Interests Quantify potential risk for wind and solar farms Increase investment in the green energy sector

Problems Inaccurate models for energy production forecasts Inaccurate return of investment estimates Expensive Renewable Energy Insurance Connection Assessment does not include uncertainties According to IBM, 20 to 40% of renewable energy cannot

be funded because it is unstable and unpredictable.

Solution

Professional Services / Idea Perform financial and connection risk assessment for new and

existing Renewable Energy Projects.

Value Proposition Unlike traditional methods based on historical data or past

experience, proven technology will be used to model and simulate over 30,000 scenarios for more accurate predictions.

Benefits

1. Increase the Bankability of Renewable Energy Projects2. Optimize Energy Efficiency 3. Predict Accurate Energy Production Forecasts4. Assess the Reliability of Renewable Energy Connection in

regards to NERC Standard and NPCC criteria

Market Segment Renewable Energy Developers (EDF EN Canada, BluEarth

Renewables, etc.) Independent Power Producers Utilities (Hydro Quebec, Hydro One, etc.) Government Agencies / Independent System Operators

(AESO, IESO, etc.)

Vision

Expand our predictive analysis to the following industries: Aerospace & Defense Transportation Mining, Construction Manufacturing