Optimizing Storage and Renewable Energy Systems with REopt

Emma Elgqvist; Katherine Anderson; Dylan Cutler; Nicholas Laws; Daniel Olis; H. Walker; Nicholas DiOrio

Optimizing Storage and Renewable Energy Systems with REopt

Emma Elgqvist, Katherine Anderson, Dylan Cutler, Nicholas Laws, Daniel Olis, H. Walker, Nicholas DiOrio

Research output: NREL › Poster

Abstract

Under the right conditions, behind the meter (BTM) storage combined with renewable energy (RE) technologies can provide both cost savings and resiliency. Storage economics depend not only on technology costs and avoided utility rates, but also on how the technology is operated. REopt, a model developed at NREL, can be used to determine the optimal size and dispatch strategy for BTM or off-grid applications. This poster gives an overview of three applications of REopt: Optimizing BTM Storage and RE to Extend Probability of Surviving Outage, Optimizing Off-Grid Energy System Operation, and Optimizing Residential BTM Solar 'Plus'.

Original language	American English
State	Published - 2017

NREL Publication Number

NREL/PO-7A40-70333

Keywords

behind the meter
off-grid
optimal dispatch
PV+storage
REopt
residential solar and storage
resiliency
solar plus
solar PV
storage
surviving outages

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://www.nrel.gov/docs/fy18osti/70333.pdf

Cite this

@misc{df87be3fdd104131bc739646bfd1bc9c,

title = "Optimizing Storage and Renewable Energy Systems with REopt",

abstract = "Under the right conditions, behind the meter (BTM) storage combined with renewable energy (RE) technologies can provide both cost savings and resiliency. Storage economics depend not only on technology costs and avoided utility rates, but also on how the technology is operated. REopt, a model developed at NREL, can be used to determine the optimal size and dispatch strategy for BTM or off-grid applications. This poster gives an overview of three applications of REopt: Optimizing BTM Storage and RE to Extend Probability of Surviving Outage, Optimizing Off-Grid Energy System Operation, and Optimizing Residential BTM Solar 'Plus'.",

keywords = "behind the meter, off-grid, optimal dispatch, PV+storage, REopt, residential solar and storage, resiliency, solar plus, solar PV, storage, surviving outages",

author = "Emma Elgqvist and Katherine Anderson and Dylan Cutler and Nicholas Laws and Daniel Olis and H. Walker and Nicholas DiOrio",

year = "2017",

language = "American English",

type = "Other",

}

TY - GEN

T1 - Optimizing Storage and Renewable Energy Systems with REopt

AU - Elgqvist, Emma

AU - Anderson, Katherine

AU - Cutler, Dylan

AU - Laws, Nicholas

AU - Olis, Daniel

AU - Walker, H.

AU - DiOrio, Nicholas

PY - 2017

Y1 - 2017

N2 - Under the right conditions, behind the meter (BTM) storage combined with renewable energy (RE) technologies can provide both cost savings and resiliency. Storage economics depend not only on technology costs and avoided utility rates, but also on how the technology is operated. REopt, a model developed at NREL, can be used to determine the optimal size and dispatch strategy for BTM or off-grid applications. This poster gives an overview of three applications of REopt: Optimizing BTM Storage and RE to Extend Probability of Surviving Outage, Optimizing Off-Grid Energy System Operation, and Optimizing Residential BTM Solar 'Plus'.

AB - Under the right conditions, behind the meter (BTM) storage combined with renewable energy (RE) technologies can provide both cost savings and resiliency. Storage economics depend not only on technology costs and avoided utility rates, but also on how the technology is operated. REopt, a model developed at NREL, can be used to determine the optimal size and dispatch strategy for BTM or off-grid applications. This poster gives an overview of three applications of REopt: Optimizing BTM Storage and RE to Extend Probability of Surviving Outage, Optimizing Off-Grid Energy System Operation, and Optimizing Residential BTM Solar 'Plus'.

KW - behind the meter

KW - off-grid

KW - optimal dispatch

KW - PV+storage

KW - REopt

KW - residential solar and storage

KW - resiliency

KW - solar plus

KW - solar PV

KW - storage

KW - surviving outages

M3 - Poster

ER -

Optimizing Storage and Renewable Energy Systems with REopt

Abstract

NREL Publication Number

Keywords

UN SDGs

Access to Document

Fingerprint

Cite this