Asset Diversity Factor™

Harvesting Harmony. Powering Portfolios. 

Unlock the power of portfolio diversity with Veer’s Asset Diversity Factor (ADF) 

Are you accurately measuring the diversity of your renewable energy portfolio? Many investors and asset owners mistakenly aggregate exceedance probabilities (P75, P90, etc.) across individual projects, overestimating uncertainty and missing a critical insight: project-level production variability is not perfectly correlated. For example, a low-production year for a wind farm in Iowa could be balanced by a high-production year for a solar farm in California.

With Veer’s ADF, we turn production variability into an advantage, helping you quantify and reduce uncertainty across your entire portfolio—because the whole truly is greater than the sum of its parts.

What we need from you

Not much—at least to get started! The more data you can provide, the more precise your ADF analysis will be. At a minimum, we require high-level information about your assets, including:

  • Probabilities of exceedance (P50, P75, P90, etc.).

  • A breakdown of energy production uncertainty by category.

  • Key details such as asset locations and technology types.

For a deeper dive—like analyzing monthly, daily, or even hourly production profiles—providing more granular production data will enhance the results. But don’t worry if you don’t have all the data on hand. We’re experts in synthesizing production data using advanced weather modelling, so you’re always covered.

Normalised daily power distribution

How It Works

We combine your renewable asset data with precise meteorological insights and cutting-edge data science techniques, including:

  • Monte Carlo simulations and Markov chains for probabilistic analysis.

  • Machine learning algorithms to model correlations between uncertainties.

  • A focus on every aspect of variability—from resource uncertainty to curtailment and availability losses.

This multi-layered analysis doesn’t just measure uncertainty reduction—it highlights how diverse assets complement one another to stabilize production and maximize returns.

Ready to Unlock Your Portfolio’s Potential?

Discover how Veer’s Asset Diversity Factor can transform your approach to renewable energy investments. Whether you’re looking to reduce uncertainty, evaluate new projects, or optimize your entire portfolio, ADF provides the insights you need.

Reach out today to:

  • Learn more about ADF and its benefits for your portfolio.

  • Request a customized ADF analysis tailored to your assets.

  • Discuss how we can support your renewable energy goals.

Email us at info@veer.eco to start a conversation. Let’s turn variability into your portfolio’s greatest strength.