Long Run Renewable Credit Forecasting & Asset Valuations

To meet aggressive RPS targets numerous states have instituted renewable generation compensation programs meant to encourage clean generation development in their respective state. Many of these programs offer above market revenue streams in the form of “credits” that promise builders a sufficient rate of return on their investment. However, such programs are often complex and require a working knowledge of program details and relevant utility tariffs to accurately model and forecast revenue streams. Programs can also undergo rule changes with little warning, thereby altering the economics of a program.

Intelometry specializes in understanding and modeling community solar, battery storage, and other renewable credit programs as well as running long run forecasts of renewable asset revenue streams. Our work has been approved by banks as valid inputs for existing and planned project valuations utilized to acquire financing. Renewable credit forecasts are normally run for 20 to 35 years and encompass both tariff and market-based credits. Reports detailing methodologies, sources and assumptions employed accompany each forecast. We also assist developers when presenting analysis results and assumptions to banks as needed.

Intelometry also performs full asset valuations on existing and planned renewable assets that marry long run revenue forecasts, renewable plant output schedules and state renewable credit programs. Our independent valuations are used in benchmarking, to acquire financing, derive PPA pricing and to illustrate value propositions to off takers. Our renewable asset valuation work has included solar, wind, and battery storage as well as zero carbon assets such as nuclear. Our team has run renewable credit forecasts and full renewable asset valuations for a multitude of utility service areas in the following states: