Energy · RATIOXA GLOSSARY

Degradation

Gradual decline in output or usable capacity over time.

01

Simple definition

Gradual decline in output or usable capacity over time.

02

Why it matters

This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.

03

Worked example

At 0.5% annual PV degradation, modelled production is slightly lower each year.