Re: Homer Energy Software 20
Olegario Benford
HOMER Energy is a privately-owned company that provides training, advisory and analytic services, and community tools to industry, government, researchers, and enthusiasts in the energy industry. HOMER Energy software set the global standard for decision making concerning the optimal mix of resources, system configuration, and capital and operating costs of microgrids.
UL Solutions helps customers in the fast-growing microgrid and distributed energy market maximize efficiency, cost-savings, and revenue along the hybrid microgrid value chain. Our customers realize value, demonstrate safety and deliver performance by utilizing our hybrid power system optimization software. HOMER modeling software facilitates decision making on the optimal mix of resources, system configuration, and capital and operating costs of microgrids and distributed energy resources (DER). UL Solutions provides a strong foundation to empower people around the world with tools, services, and information to accelerate the adoption of renewable and distributed energy sources.
HOMER Grid optimizes the value of behind-the-meter, distributed energy systems anywhere in the word, especially when demand charges, resilience, and energy arbitrage matter. With HOMER Grid, you can intelligently reduce the peak power you buy from the utility each month, determine the best mix of resources for the least-cost solution, design a system with the highest possible rate of return, and demonstrate the value of your behind-the-meter grid-connected distributed generation systems.
HOMER Front helps you maximize return on utility-scale energy storage systems with or without solar and wind. Whether you are participating in merchant energy markets or contracted with a power purchase agreement, HOMER Front performs techno-economic analysis of numerous complex variables to provide critical, actionable insights and strategies that help you determine the most efficient hybrid power system.
HOMER Front + UL Analysis meets an increasingly critical need as power providers seek to improve power supply stability and resilience, decarbonize energy resources and move toward a clean energy transition.
Recent catastrophic weather and fire events resulted in massive power outages and demonstrated the value of resilience provided by hybrid power systems integrated into a diversified energy grid. These hybrid power systems bolster the power grid with flexibility, resilience, demand management and price management.
Using proprietary HOMER Front software, UL advisory experts perform techno-economic modeling of a renewable generation plus BESS. Through this analysis, developers can optimize wind, solar and energy storage sizing, evaluate financial returns and determine economic viability of a system, screen projects to determine site development potential, validate revenue projections and evaluate potential profitability of energy markets, capacity markets and power purchase agreements.
She has been writing about energy for more than two decades and is published widely. Her work can be found in prominent energy business journals as well as mainstream publications. She has been quoted by NPR, the Wall Street Journal and other notable media outlets.
The HOMER energy modeling software is a powerful tool for designing and analyzing hybrid power systems, which contain a mix of conventional generators, combined heat and power, wind turbines, solar photovoltaics, batteries, fuel cells, hydropower, biomass and other inputs. It is currently used all over the world by tens of thousands of people.
Engineers and non-professionals alike use HOMER to run simulations of different energy systems, compare the results and get a realistic projection of their capital and operating expenses. HOMER determines the economic feasibility of a hybrid energy system, optimizes the system design and allows users to really understand how hybrid renewable systems work.
As distributed generation and renewable power projects continue to be the fastest growing segment of the energy industry, HOMER can serve utilities, telecoms, systems integrators, and many other types of project developers - to mitigate the financial risk of their hybrid power projects.
For those without any power, the focus is on access. For those with very expensive power on islands and remote areas, the focus is on reducing diesel consumption. For those worried about grid outages, the focus is on reliability and resilience. For the whole world, the focus is on reducing carbon emission, accommodating electric vehicles, and democratizing the power industry. Distributed generation and microgrids are the solution to all of these problems. We cannot think of a better partner than UL. Its acquisition of AWS Truepower in 2016 and now HOMER Energy demonstrate its dedication to the renewable energy industry.
Originally developed at the National Renewable Energy Laboratory (NREL), HOMER software has been downloaded more than 250,000 times and has modeled more than 90,000 projects in over 190 countries. Products include HOMER Pro for standalone microgrids and DERs and HOMER Grid, which helps grid-connected commercial and industrial customers design hybrid renewable energy systems that save on electricity bills, reduce peak loads, and lower carbon footprints. Learn more at HOMEREnergy.com. Listen to more in-depth conversations on Solar Builder's YouTube channel
Our most popular series include:
Power Forward! A collaboration with BayWa r.e. to discuss higher level industry topics.
The Buzz Where we give our 2 cents per kWh on the residential solar market.
The Pitch Discussions with solar manufacturers about their new technology and ideas.
HOMER is a computer model that simplifies the task of evaluating design options for both off-grid and grid-connected power systems for remote, stand-alone, and distributed generation (DG) applications. HOMER's optimization and sensitivity analysis algorithms allow users worldwide to evaluate the economic and technical feasibility of a large number of technology options and account for uncertainty in technology costs, energy resource availability, and other variables. HOMER can be used for designing and analyzing hybrid power systems, which contain a mix of conventional generators, cogeneration, wind turbines, solar photovoltaics, batteries, fuel cells, hydropower, biomass and other inputs.
UL Solutions HOMER Software is the developer and distributor of a global standard for energy modeling tools and has enabled more than 250,000 users in over 190countries to produce economic feasibility studies, system design, energy insight and energy cost savings. HOMER software delivers industry-leading system simulations, optimization, sensitivity analysis and best-in-class storage models across three categories of hybrid systems: islanded off-grid microgrids, grid-connected distributed generation plus storage, and front-of-the-meter utility-scale storage and hybrid systems. Visit www.ul.com/homersoftware to learn more about our modeling and optimization software, download complimentary trials, sign up for training and more.
HOMER Pro simulates engineering and economic feasibility and enables the design of least-cost microgrid or distributed energy resources that combine conventional and renewable energy, storage, and load management when off-grid or tied to an unreliable grid.
HOMER Grid, aimed at the behind-the-meter solar-plus-storage market, helps commercial and industrial customers design hybrid renewable energy systems that save on electricity bills and lower carbon footprints.
That depends on the performance goals. Is the goal to achieve the lowest cost of energy (LCOE) overall? Or to shut off the gensets for days at a time during certain seasons of the year? Or hit a target rate of return or net present value?
HMHI 2021 brings together a global community of microgrid and hybrid power experts, project developers, equipment suppliers, financiers and sustainability leaders to advance high-quality, affordable microgrids and distributed energy systems. Attendees will gain practical and technical insights into off-grid, remote and grid-tied systems globally via knowledge-sharing presentations, in-depth discussions with industry leaders and the exploration of real-world examples of diverse hybrid power applications and value propositions.
Abstract: A great number of populations of the world, primarily in developing countries, are living in rural areas and are commonly isolated from the grid connection. Unstable power supply and increasing energy prices have significant effects on developing countries, especially during this COVID-19 pandemic. Renewable energy sources can provide sustainable and efficient electricity supply. Murzuq is a rural community situated in the southern part of Libya and endowed with renewable energy resources. While there is high electricity consumption during the lockdown, health clinics also experienced higher energy consumption of longer operating hours and an increased number of electrical appliances. This study investigates the techno-economic assessment of three different hybrid energy systems for health clinics in Murzuq. HOMER (Hybrid optimization model for electric renewables) software tool was used to evaluate the feasibility of employing renewable energy, to provide sustainable energy supply to the clinic. The current unsteady energy supply comes from the national grid and the current energy supply is not sufficient for the clinic's operating hours and requires a sustainable and steady supply. Measured data collected from the health clinic and HOMER software were used to analyze and optimize the change in overall electricity demand for the health clinic before and during the COVID-19 pandemic. The results showed that the photovoltaic/battery hybrid energy system has a lower net present cost, compared to the Photovoltaic/Generator set/ battery hybrid energy system, but higher than the standalone generator set. However, the highest amount of carbon emission associated with the standalone generator set compared to the other two hybrid energy systems disqualifies it from being a suitable contender for the source of electricity for the health clinic. The photovoltaic/battery was deemed to be most economically beneficial in terms of emission reduction and energy price. The outcomes of this investigation will help stakeholders and designers to optimize hybrid energy systems that economically meet the health clinic energy demands, especially during this pandemic.
aa06259810