Manuscript - Financing Modeling of Renewable Energy Projects
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Steps to build probabilistic Model - 1
1. Create senario options (determinstic/probabilistic) using
data validation function (sheet dashboard (cell E118)
by put the cursor in cell E118 and click tab: Data > Data Validation > combo box
2. Setting up the uncertain variable (sheet dashboard cell V9)
Define “Capacity Factor” as input variable with normal distribution
The mean input value is referred to the assumption used in the deterministic
model. The standard deviation will be assumed here is 7%. This input numbers
will be simulated as normal distribution using SIPmath. The first iteration result of
this simulation is 22.8%. There will be 99 numbers behind this number since we
iterate 100 scenario
next page.
The steps how to generate this result will be detailed in the
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