Peer review of a valuation of onshore wind farms

Summary

Little Blue Research supported SSE plc. by reviewing their impact model and documentation. Calculations were re-performed, assumptions checked, and recommendations provided for developing the model.

Client description

Capitals

SSE Plc.

20,500+ employees

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PRODUCED

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Client need

To highlight their “contribution to the onshore wind revolution", SSE developed an economic model to calculate the value added to the UK and Irish economies by SSE. SSE required technical support to review the economic model used to measure the impact of their wind farms over the last 10 years.

The challenge

Reviewing a complex economic framework.

Conducting sensitivity analysis.

Re-performing input-output modelling, matching data back to source and reviewing model assumptions.

Identifying areas requiring additional documentation or method development in a limited time frame.

The results

Recommendations for additional caveats to model outputs.

Recommendations for short and long-term improvement and development of the model.

Report including current model documentation, captured calculations and assumptions.

Suggestions for additional caveats to outputs from the model.

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