Review of Technical Photovoltaic Key Performance Indicators and the Importance of Data Quality Routines

Technical key performance indicators (KPIs) are important metrics used to assess and quantitatively summarize various aspects of photovoltaic (PV) systems, including long‐term performance, economic viability, and carbon footprint. Herein, a group of experts of the International Energy Agency's Photovoltaic Power Systems Programme Task 13 collect and describ the most important technical KPIs used in the industry. Thereby, a set of best practices for reliably handling PV system data is presented and the impact of data quality and climatic variability on KPI calculation is investigated. The effective use of technical KPIs allows triggering data‐driven and informed decisions to optimize PV systems and providing a comprehensive overview of how PV systems operate across different conditions and climates. With the worldwide growth of the PV industry, more companies operate/own PV systems in different regions, where the climatic and seasonal profiles differ. This requires context‐aware evaluation of KPIs, or the judicious application of multiple KPIs, to ensure that each asset is evaluated correctly. Beyond that, there is untapped potential in the utilization of KPIs through geospatial mapping and extrapolation of fleet KPIs. This study demonstrates that the uncertainty in KPI estimation is not well understood and depends on data quality, climatic variability, and system configuration.