How to Calculate the Performance Ratio (PR) of a PV Plant?

PR of PV Plant

In order to achieve the main objective of installing a Photovoltaic (PV) Plant, which is generating efficient solar energy, it is crucial to calculate correctly its Performance Ratio. In fact, investing in a solar plant without being able to accurately monitor its performance can lead to a wasted time and money.

What is the Performance Ratio of PV Plant?

The Performance Ratio (PR) is the key indicator used to check the PV Plant’s efficiency and effectiveness. The PR is simply calculated by comparing the actual energy output of the system to its expected energy output under specific conditions. In simple terms, it indicates whether the PV Plant is performing as expected or no.

Why is the PR important?

Running a PV Plant without knowing its PR may generate serious losses in energy. In fact, without regular PR monitoring, the PV Plant may generate less energy than expected without noticing it.
In addition, the PR is one of the main metrics used to take decisions concerning the maintenance planning of a PV Plant. By identifying the anomalies in PR data, it becomes easy to address issues, optimize the performance and ensure a long-term effective investment in renewable energy.

The Formula for Calculating Performance Ratio

The PR is essentially a measure of how well your solar plant is converting sunlight into usable electricity.
To calculate the Performance Ratio, you can use the basic formula as follows:

PR Formula

 

 

Actual Energy Output refers to the total energy in kWh generated by the PV Plant. This data is obtained from the inverters which records the actual production of the solar panels in a defined period.

Expected Energy Output refers to the theorical energy the PV plant should produce under the actual environmental conditions. This data is calculated using the Solar Irradiance received by the PV Plant.
Solar Irradiance received by the PV Plant during the same period is measured and sourced from Weather Station including the Irradiance Sensor or Pyranometer. It is used to calculate the maximum possible energy Output.

PR as per IEC61724-1 Standard

According the international standard IEC61724-1:2021, The performance ratio PR is the quotient of the system’s final yield Yf to its reference yield Yr, and indicates the overall effect of losses on the system. The PR formula is as follows:

PR Calculation in IEC

 

 

 

Expanding the above formula gives:

PR Calculation in IEC Standard

 

 

 

PR is calculated based only on measured irradiance and neglecting other factors over the given reporting period:
PR Formula Calculation in IEC

Interpretation of PR of a PV Plant

Interpreting the Performance Ratio (PR) of a PV plant is just as important as its calculation. Generally, a PR above 80% refers to a healthy PV Plant, while a lower PR is a sign of anomalies to be fixed in the PV Plant.
In case the PR is higher than 100%, this usually means that the used sensors are not compatible with the PV Plant. For example, in a bifacial PV plant, using only one irradiance sensor will ignore rear-side generation, potentially aaffecting the PR. In such cases, an albedometer should be used.
Similarly, if it is a dual oriented PV plant and only a single irradiance sensor is used, the PR calculation will be wrong resulting in very high or very low PR values. A dual-orientation irradiance setup is required for accurate monitoring in this case.