Homer energy modeling software pro#
Homer energy modeling software software#
Homer energy modeling software plus#

Evaluate the financial benefits of adding storage to a hybrid system with PV and diesel backup.

Integrate solar, wind and storage in an island microgrid model.

In particular, participants will be able to: After taking this course, participants will be able to do their own analysis with HOMER, and have a good understanding of the simulation-optimization-sensitivity analysis paradigm, which is at the core of the HOMER software. It is an in-depth, full-day introduction to the HOMER software.

Homer energy modeling software software#

Peter Lilienthal, co-founder and CEO of HOMER Energy, and the original developer of the HOMER software at NREL. It is ideal for modeling a broad variety of hybrid projects including remote off-grid and island systems.Р”Р„bout the HOMER training at the 5th Hybrid Power Systems Workshop

Homer energy modeling software pro#

HOMER Pro is enormously versatile and can model anything from a building to an entire city. Originally developed over twenty-five years ago at the US National Renewable Energy Laboratory, the HOMER software has become a global standard for engineering and financial analysis of hybrid distributed energy projects, whether off-grid or grid-tied. Whether you are designing a solar+storage system, or one that includes CHP, diesel generators, wind or other components, the HOMER software can help you calculate the complex tradeoffs that are part of any hybrid energy system. The comprehensive reports that are produced in the HOMER modeling process are also an excellent communications tool, bridging the gap between project developers, engineers, financial professionals, utility personnel and others.

Homer energy modeling software plus#

РІР‚СљWeРІР‚в„ўre pleased to provide a modelling and analysis service which can help give developers confidence that their solar and wind plus storage systems will meet financial requirements and provide a stable and greener power supply.Learn how energy modeling with HOMER software can reduce your financial risk and help you identify the most cost-effective system configuration. Lilienthal said optimising software such as this is РІР‚Сљthe key to meeting the increasing need for flexible energy resources. Homer EnergyРІР‚в„ўs latest product models time of delivery power purchase agreements, energy shifting arbitrage in the wholesale market and capacity reserve markets, and can also show information such as optimal dispatch for BESS. The worldРІР‚в„ўs largest battery storage system came online in Monterey County, California, at the start of 2021, and other record-breaking projects are also under development in markets such as California and Australia.Р”Р„s the solar sector ventures into new territory with much larger power systems, Lilienthal said the accelerating deployment necessitates software that can model РІР‚Сљcomplex variables in front-of-the-meter generationРІР‚Сњ. US installations of advanced energy storage surpassed the 1GW mark for the first time last year, according to a separate report from Wood Mackenzie, which predicts that the annual market could grow to 7.5GW/26.GWh in four yearsРІР‚в„ў time. Likewise, growth in utility-scale storage has accelerated towards the end of 2020. Aided by the two-year extension of the investment tax credit (ITC) on solar installs, the report predicts that more than 400GW of solar capacity will be online by 2030.

Close to half of this (8GWdc) was installed in the last quarter of the year alone, of which 6.3GWdc was categorised as utility-scale. Some 19.2GWdc was installed in 2020, representing a 43% rise on 2019РІР‚в„ўs figures. The US solar sector had already surpassed multiple records last year, according to a collaborative report published this week (16 March) by Solar Energy Industries Alliance and analyst firm Wood Mackenzie. Research from the US Energy Information Administration (EIA) published in January forecasts a record 15.4GW of new utility-scale PV will come online in 2021, although that figure may well be an underestimate. The launch comes as dozens of solar and energy storage developers have added gigawatts of power generation capacity to their construction pipelines in the past year.

The new tool will enable developers to optimise front-of-meter utility-scale hybrid projects that include wind, solar and battery energy storage systems (BESS) and assess their profitability.

UL acquired Homer Energy in December 2019 to expand the companyРІР‚в„ўs training, analytics and advisory services across the renewable energy value chain. Advisory, audit and testing group UL has unveiled a new service for utility-scale renewable hybrid power systems to evaluate their potential profitability.Р”В¬alled HOMER Front & UL Analysis, the service is designed to assess whether a developerРІР‚в„ўs solar or wind plus storage systems will РІР‚Сљmeet financial requirements and provide a stable and greener power supplyРІР‚Сњ, Peter Lilienthal, HOMER EnergyРІР‚в„ўs founder and UL RenewablesРІР‚в„ў global microgrid lead, said.