The Budget module allows you to track the return on investment (ROI)
of your assets. The widgets compare the actual production and revenues of your against
the budget values at the levels of portfolios, countries and sites.
Note: For detailed information about how the system calculates
revenues, see the Revenues section.
The dashboard provides insights into the financial performance of your
portfolio and its assets by comparing several detailed KPIs. It also includes functionalities to view
data in terms of energy production or financial revenues, as well as to update data by overwriting
values with actual invoice information. You can also account for compensated
energy resulting from curtailments.
Note:
The system stores historical data from the first month of
connection to GPM Horizon.
At the portfolio level, the dashboard contains two tabs:
At the plant level, the Budget Follow-up dashboard provides an updated daily
overview of the actual production and losses, as well as of the actual revenues and
revenue losses.
Important: Approximated values are
marked by the icon. Confirmed values are marked with the icon. Generally, all values in the module are
approximated.
Furthermore, the display controls let you choose how to display the data
on the dashboard.
Display controls
The module allows you to configure how you visualize data. The
controls let you switch between different modes (energy or currency) quickly and
easily, and to compare the current production with previous years, as well as to
analyze production by country.
Units and
values: choose to display the data in terms
of energy (for example, GwH) or currency
(for example, € or $).
Note: The system displays financial KPIs
in the local currency of the country where the plant is
located. For example, a plant located in Germany will
display values in euros (€), while a plant in the USA
will display them in US dollars ($)
Advanced options: click the icon to open the drop-down menu
and toggle the advanced options.
Display mode: choose whether
to display values of actual energy and revenues as
totals or to break them down by
source.
Include compensated energy:
toggle on to include compensated energy in the
total actual production.
Compare to previous year:
toggle on to include data from the previous year
in the display.
Production by country: toggle
on to see the data grouped by country.
Units and
values: choose to display the data in terms
of energy (for example, GwH) or currency
(for example, € or $).
Note: The system
displays financial KPIs in the local currency of the
country where the plant is located (for example, a plant
located in Germany will display values in euros (€),
while a plant in the USA will display them in US dollars
($).
Advanced options: click the icon to open the drop-down menu
and toggle the advanced options.
Display mode: choose whether
to display values of actual energy and revenues as
totals or to break them down by
source.
Include compensated energy:
toggle on to include compensated energy in the
total actual production.
Compare to previous year:
toggle on to include data from the previous year
in the display.
Production by country: toggle
on to see the data grouped by country.
Budget Overview
The Budget Overview tab displays financial KPIs for the entire
portfolio. It also provides detailed information for each country, and for each
individual plant.
The financial KPIs on display are:
Total Production/Revenue
(YTD): Actual Production/Revenue for current year, deviation
from the YTD Budget displayed as a percentage. Overperforming assets
appear in green, an dunderperforming ones appear in red.
Budget (YTD):
Pre-defined budget up to the current day of the year, calculated as
follows: [individual monthly budgets + (current month's daily average x
number of days in the current month)].
Expected Production:
Projected production yearly production, based on trends. The deviation
from the pre-defined budget is displayed as a percentage.
Budget: Total Budget
for the current year.
Theoretical Production
(YTD): Expected YTD production based on actual conditions
(weather and assets).
The widgets display charts comparing the year-to-date (YTD) values
against the total yearly values, allowing you to track your production in relation
to your targets, and to quickly assess how much more you need to produce by the end
of the year.
You can hover over the graphs to display a tooltip with detailed
values for total production, expected production and theoretical production, all
compared against the budget predictions.
Portfolio: displays portfolio-level
KPIs.
Country: displays country-level KPIs.
Click the icon to display all the plants for
that country.
Plant: displays plant-level KPIs.
Portfolio: displays portfolio-level
KPIs.
Country: displays country-level KPIs.
Click the icon to display all the plants for
that country.
Plant: displays plant-level KPIs.
Budget Follow-up: Portfolio
The Budget Follow-up tab provides highly detailed
monthly and yearly data for your assets, with a focus on three main KPIs:
Delivered
Production: actual production fed into grid measured by the grid
operator.
Compensated
Production: production that will be compensated for due to
restrictions by the grid operator.
Total Production:
sum of delivered and compensated production.
Budget: expected production. This value is usually
defined at the beginning of the year, using values from previous
years.
Theoretical
Production: projected production based on actual weather and
device conditions.
Tip: You can export data from the tables in
the dashboard as XLSX or CSV files.
Furthermore, you can view values for individual plants and
countries in the portfolio, to identify specific areas that are affecting your
overall financial performance.
Time
settings: Define the time period covered by
the dashboard.
Click on a year to display data for that
year.
Click on a month to display month-to-date
(MTD) data up to that month. For example, selecting March
displays data for January, February and March.
Main budget
KPIs: overview of the total values for the main
budget KPIs.
Production
vs Budget: bar chart displaying a monthly breakdown
of the Main Budget KPIs. You can hover over any point of the
chart to see detailed values for it.
The delivered production is broken down
into three categories:
SCADA: values provided by GPM SCADA.
Grid: values provided by the
grid operator.
Invoiced: invoiced values.
Accumulated
production vs Budget: line chart displaying the
accumulated values for three production categories:
Total
Expected
Budget
You can hover over any point
of the chart to see detailed values for it.
Monthly
accumulated values vs Budget: tables displaying
detailed values from the Production vs Budget and
Accumulated Production vs Budget charts. Each table includes
columns detailing the deviation of the total production from
the budget. The projected accumulated values for total
production in upcoming months also appears (in
brackets).
Monthly
accumulated values vs Previous year: tables
comparing monthly and accumulated values against the total
production/revenue of the previous year.
Production
vs Budget per plant: table comparing production or
revenues against budget for individual plants.
You can choose to display values for the
current month, or MTD.
Plant
deviation from buget (%): bar chart displaying the
deviation of total production from the budget.
Green bars indicate plants that have
outperformed the budget projections. You can hover over any
point of the chart to see detailed values for it.
Red bars indicate underperforming
parks.
Production by
country (%): pie chart depicting the share of total
production by each country. You can hover over any point of the
chart to see detailed values for it.
Users
again can choose either accumulated values up to the chosen
month, or only the month in question instead.
Production
vs budget (by country): bar chart displaying the
deviation of total production from the budget for each
country, expressed as a percentage. You can hover over any
point of the chart to see detailed values for it.
Time
settings: Define the time period covered
by the dashboard.
Click on a year to display data for
that year.
Click on a month to display
month-to-date (MTD) data up to that month. For example,
selecting March displays data for January, February
and March.
Main
budget KPIs: overview of the total values for
the main budget KPIs.
Production vs Budget: bar chart displaying a
monthly breakdown of the Main Budget KPIs. You can hover
over any point of the chart to see detailed values for
it.
The delivered production is broken
down into three categories:
SCADA: values provided by
GPM SCADA.
Grid: values provided by the
grid operator.
Invoiced: invoiced
values.
Accumulated production vs Budget: line chart
displaying the accumulated values for three production
categories:
Total
Expected
Budget
You can hover over any
point of the chart to see detailed values for
it.
Monthly
accumulated values vs Budget: tables displaying
detailed values from the Production vs Budget and
Accumulated Production vs Budget charts. Each table
includes columns detailing the deviation of the total
production from the budget. The projected accumulated
values for total production in upcoming months also
appears (in brackets).
Monthly
accumulated values vs Previous year: tables
comparing monthly and accumulated values against the
total production/revenue of the previous year.
Production vs Budget per
plant: table comparing production or revenues
against budget for individual plants.
You can choose to display values for
the current month, or MTD.
Plant deviation from
buget (%): bar chart displaying the deviation of
total production from the budget.
Green bars indicate plants that have
outperformed the budget projections. You can hover over
any point of the chart to see detailed values for
it.
Red bars indicate underperforming
parks.
Production
by country (%): pie chart depicting the share of
total production by each country. You can hover over any
point of the chart to see detailed values for it.
Users again can choose either
accumulated values up to the chosen month, or only the
month in question instead.
Production vs budget (by
country): bar chart displaying the deviation of
total production from the budget for each country,
expressed as a percentage. You can hover over any point
of the chart to see detailed values for it.
Budget Follow-up: Plant
The Budget Follow-up tab provides highly detailed
monthly and yearly data for your assets, with a focus on three main KPIs:
Delivered
Production: actual production fed into grid measured by the grid
operator.
Compensated
Production: production that will be compensated for due to
restrictions by the grid operator.
Total Production:
sum of delivered and compensated production.
Budget: expected production. This value is usually
defined at the beginning of the year, using values from previous
years.
Theoretical
Production: projected production based on actual weather and
device conditions.
Tip: You can export data from the tables in
the dashboard as XLSX or CSV files.
Additionally, you can see a detailed breakdown of the daily
production for a given month, compared to the average daily production expected for
the month.
Time
settings: Define the time period covered
by the dashboard.
Click on a year to display data for
that year.
Click on a month to display
month-to-date (MTD) data up to that month. For example,
selecting March displays data for January, February
and March.
Main
budget KPIs: overview of the total values for
the main budget KPIs.
Production vs Budget: bar chart displaying a
monthly breakdown of the Main Budget KPIs. You can hover
over any point of the chart to see detailed values for
it.
The delivered production is broken
down into three categories:
SCADA: values provided by
GPM SCADA.
Grid: values provided by the
grid operator.
Invoiced: invoiced
values.
Accumulated production vs Budget: line chart
displaying the accumulated values for three production
categories:
Total
Expected
Budget
You can hover over any
point of the chart to see detailed values for
it.
Monthly
accumulated values vs Budget: tables displaying
detailed values from the Production vs Budget and
Accumulated Production vs Budget charts. Each table
includes columns detailing the deviation of the total
production from the budget. The projected accumulated
values for total production in upcoming months also
appears (in brackets).
Monthly
accumulated values vs Previous year: tables
comparing monthly and accumulated values against the
total production/revenue of the previous year.
Daily
production: chart displaying a daily breakdown of
the major budget KPIs for the selected month.
The daily budget average is represented by
a dotted line across the chart. The value is calculated by
dividing the budget for the month by the number of days in
the month.
Time
settings: Define the time period covered
by the dashboard.
Click on a year to display data for
that year.
Click on a month to display
month-to-date (MTD) data up to that month. For example,
selecting March displays data for January, February
and March.
Main
budget KPIs: overview of the total values for
the main budget KPIs.
Production vs Budget: bar chart displaying a
monthly breakdown of the Main Budget KPIs. You can hover
over any point of the chart to see detailed values for
it.
The delivered production is broken
down into three categories:
SCADA: values provided by
GPM SCADA.
Grid: values provided by the
grid operator.
Invoiced: invoiced
values.
Accumulated production vs Budget: line chart
displaying the accumulated values for three production
categories:
Total
Expected
Budget
You can hover over any
point of the chart to see detailed values for
it.
Monthly
accumulated values vs Budget: tables displaying
detailed values from the Production vs Budget and
Accumulated Production vs Budget charts. Each table
includes columns detailing the deviation of the total
production from the budget. The projected accumulated
values for total production in upcoming months also
appears (in brackets).
Monthly
accumulated values vs Previous year: tables
comparing monthly and accumulated values against the
total production/revenue of the previous year.
Daily production:
chart displaying a daily breakdown of the major budget
KPIs for the selected month.
The daily budget average is
represented by a dotted line across the chart. The value
is calculated by dividing the budget for the month by
the number of days in the month.