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Reopt Energy Decision Analysis
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Book Synopsis REopt: Energy Decision Analysis by :
Download or read book REopt: Energy Decision Analysis written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: REopt transforms complex energy project decisions into actionable results for building owners, utilities, and industry. Based on decades of NREL decision-support expertise, REopt guides investment in economic, resilient energy technologies. This presentation provides an overview of how REopt can help building owners, utilities, developers, and industry optimize the economic and resilience benefits of distributed energy resources.
Download or read book REopt Lite Web Tool written by and published by . This book was released on 2020 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book REopt written by and published by . This book was released on 2014 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: REopt is NREL's energy planning platform offering concurrent, multi-technology integration and optimization capabilities to help clients meet their cost savings and energy performance goals. The REopt platform provides techno-economic decision-support analysis throughout the energy planning process, from agency-level screening and macro planning to project development to energy asset operation. REopt employs an integrated approach to optimizing a site?s energy costs by considering electricity and thermal consumption, resource availability, complex tariff structures including time-of-use, demand and sell-back rates, incentives, net-metering, and interconnection limits. Formulated as a mixed integer linear program, REopt recommends an optimally-sized mix of conventional and renewable energy, and energy storage technologies; estimates the net present value associated with implementing those technologies; and provides the cost-optimal dispatch strategy for operating them at maximum economic efficiency. The REopt platform can be customized to address a variety of energy optimization scenarios including policy, microgrid, and operational energy applications. This paper presents the REopt techno-economic model along with two examples of recently completed analysis projects.
Book Synopsis REopt: A Platform for Energy System Integration and Optimization by :
Download or read book REopt: A Platform for Energy System Integration and Optimization written by and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: REopt is a techno-economic decision support model used to optimize energy systems for buildings, campuses, communities, and microgrids. The primary application of the model is for optimizing the integration and operation of behind-the-meter energy assets. This report provides an overview of the model, including its capabilities and typical applications; inputs and outputs; economic calculations; technology descriptions; and model parameters, variables, and equations. The model is highly flexible, and is continually evolving to meet the needs of each analysis. Therefore, this report is not an exhaustive description of all capabilities, but rather a summary of the core components of the model.
Book Synopsis DER Planning with Resilience Analysis Using REopt Lite: A Behind-the-Meter Techno-Economic Analysis Tool by :
Download or read book DER Planning with Resilience Analysis Using REopt Lite: A Behind-the-Meter Techno-Economic Analysis Tool written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: REopt Lite is a techno-economic decision support model for behind-the-meter energy systems design and dispatch modeling. REopt Lite is used to optimize energy systems for buildings, campuses, communities, and microgrids. It is based on a Mixed Integer Linear Programming (MILP) optimization model. It is a fully automated and streamlined energy modeling tool that can be used off-the-shelf for a wide variety of distributed generation integration analyses and at the same time is architected to be extensible for user-specific customizations for advanced users and subject matter experts. It is publicly available as a webtool as well as has an Application Programming Interface (API). The API functionality enables programmatic access to the model facilitating smooth integration with other distribution systems modeling tools, and automated multiple scenarios/sensitivity studies.
Book Synopsis Evaluate Distributed Energy Technologies for Cost Savings and Resilience With REopt Lite by :
Download or read book Evaluate Distributed Energy Technologies for Cost Savings and Resilience With REopt Lite written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: NREL's REopt Lite TM web tool evaluates the economics of grid connected photovoltaics (PV), wind, and battery storage at a site. It allows users to identify the system sizes and battery dispatch strategy that minimize a site's life cycle cost of energy, and it estimates the amount of time a PV, wind, battery, and diesel generator system can sustain the site's critical load during a grid outage.
Book Synopsis REopt Lite Overview & Training Exercise by : Kathleen Krah
Download or read book REopt Lite Overview & Training Exercise written by Kathleen Krah and published by . This book was released on 2020 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis REopt Lite User Manual by : Kate H. Anderson
Download or read book REopt Lite User Manual written by Kate H. Anderson and published by . This book was released on 2021 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Master Planning toward Net Zero Energy Resilient Public Communities Guide by : Alexander Zhivov
Download or read book Energy Master Planning toward Net Zero Energy Resilient Public Communities Guide written by Alexander Zhivov and published by Springer Nature. This book was released on 2022-06-13 with total page 739 pages. Available in PDF, EPUB and Kindle. Book excerpt: Best practices from around the world have proven that holistic Energy Master Planning can be the key to identifying cost-effective solutions for energy systems that depend on climate zone, density of energy users, and local resources. Energy Master Planning can be applied to various scales of communities, e.g., to a group of buildings, a campus, a city, a region, or even an entire nation. Although the integration of the energy master planning into the community master planning process may be a challenging task, it also provides significant opportunities to support energy efficiency and community resilience by increasing budgets for investments derived from energy savings, by providing more resilient and cost-effective systems, by increasing comfort and quality of life, and by stimulating local production, which boosts local economies. The Guide is designed to provide a valuable information resource for those involved in community planning: energy systems engineers, architects, energy managers, and building operators. Specifically, this Guide was developed to support the application of the Energy Master Planning process through the lens of best practices and lessons learned from case studies from around the globe. The Guide introduces concepts and metrics for energy system resilience methodologies, and discusses business and financial models for Energy Master Plans implementation. This information can help planners to establish objectives and constraints for energy planning and to select and apply available technologies and energy system architectures applicable to their diverse local energy supply and demand situations. This Guide is a result of research conducted under the International Energy Agency (IEA) Energy in Buildings and Communities (EBC) Program Annex 73 and the US Department of Defense Environmental Security Technology Certification Program (ESTCP) project EW18-5281 to support the planning of Low Energy Resilient Public Communities process that is easy to understand and execute.
Book Synopsis Optimization of Energy Storage System Economics and Controls by Incorporating Battery Degradation Costs in REopt by :
Download or read book Optimization of Energy Storage System Economics and Controls by Incorporating Battery Degradation Costs in REopt written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of stationary electrochemical energy storage systems utilizing lithium-ion batteries has increased rapidly as the production scale and price for lithium-ion batteries has decreased. These energy storage systems are crucial for maintaining grid resiliency, especially for grids operating with high penetration of renewable energy generation assets or for with a variety of distributed energy generation and storage systems. One challenging factor for the development of battery energy storage systems is estimating the proper sizing, in terms of both power and energy, that minimizes total costs over the lifetime of the systems; this calculation is difficult in simple cases, where a battery is costed independently, but is extremely challenging when building loads and electrical generation by photovoltaic resources are also considered. REopt is a techoeconomic optimization tool developed by NREL to address these challenges. Previously, battery degradation has been priced by simply assuming a 10-year replacement schedule for battery systems. However, this does not account for varying degradation trends observed across real-world batteries, or allow for batteries to be operated in a degradation-aware manner that optimizes battery dispatch based on operating costs. This work incorporates a battery life model into REopt. This battery life model is simple, so that it may be solvable within the constrains of a mixed-integer linear optimization problem, but is fit to accelerated aging data recorded in the lab. To achieve the best possible accuracy for lifetime estimates given these constraints, parameters for the battery life model in REopt are estimated by fitting 20-year simulations of battery life after identifying state-space battery degradation model from accelerated aging data. Comparisons of battery life predicted in REopt and from the state-space battery degradation model to ensure validity of lifetime estimates made by REopt. Battery life and cost is optimized by controlling three decision to minimize system life cost: battery sizing, daily state-of-charge, and daily energy-throughput. The cost of battery degradation as a function of these control variables is then estimated assuming two possible maintenance strategies: replacement, where the entire battery system is replaced if cell reach an end-of-life capacity threshold; and augmentation, which establishes a fund to pay for continual purchase of new batteries to maintain the initial energy capacity of the system. These two strategies offer conservative (for replacement) and optimistic (for augmentation) bounds for total system cost. The degradation cost incurred by these strategies is then used to control battery dispatch decisions, operating the battery in a degradation-aware manner that maximizes battery lifetime while also providing energy when favorable. Because the mixed-integer linear program has perfect foresight of future energy needs, batteries with degradation costs are always operated using 'just-in-time' charging, which is unrealistic, as no energy is left in the storage system to perform other energy services or to serve as emergency back-up power. To combat this, an inequality constraint on the average annual state-of-charge is imposed, and the sensitivity of system cost to average stored energy, e.g., the cost of system resiliency, can be quantified. Analysis of results has several conclusions, for instance, oversizing of battery storage systems is not a cost burden when battery storage is an optimal solution, as any additional battery capacity can simply be utilized to avoid costs of purchasing energy from a utility.
Book Synopsis REopt, a Platform for Energy System Integration and Optimization :. by : T. Simpkins
Download or read book REopt, a Platform for Energy System Integration and Optimization :. written by T. Simpkins and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis REopt Lite Tutorial: Financial Outputs by :
Download or read book REopt Lite Tutorial: Financial Outputs written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This tutorial explains the financial modeling analysis outputs in the REopt LiteTM web tool.
Book Synopsis Energy Systems Evaluation (Volume 2) by : Jingzheng Ren
Download or read book Energy Systems Evaluation (Volume 2) written by Jingzheng Ren and published by Springer Nature. This book was released on 2021-05-24 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents various multi-criteria analysis methods for sustainability-oriented analysis and decision-making for energy systems, under various different conditions and scenarios. It presents methodologies to answer the questions relating to which of the options are the most sustainable among the alternatives, and how multi-criteria decision analysis methods can be used to select the most sustainable energy systems. A systematic innovative methodological framework is presented, which enables the most appropriate energy system to be selected under different conditions including: Scientific decision support tools for sustainable energy system selection; Fuzzy, grey, and rough sets based multi-criteria decision analysis; Decision-making models under uncertainties; and The combination of life cycle thinking and multi-criteria decision analysis This book is of interest to researchers, engineers, decision makers, and postgraduate students within the field of energy systems, sustainability, and multi-criteria decision analysis.
Book Synopsis Green Defense Technology by : Michael Evan Goodsite
Download or read book Green Defense Technology written by Michael Evan Goodsite and published by Springer. This book was released on 2017-03-14 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the ways in which military installations and small cities can implement and integrate triple net planning and energy, water, and waste sustainability strategies into broad installation operational management, arrive at the best decision, create policy and communicate effectively to stakeholders. It explores current and emerging technologies, methods, and frameworks for energy conservation, efficiency, and renewable energy within the context of triple net zero implementation practice. Recognizing that the challenge extends beyond finding technological solutions to achieve triple net zero outcomes, the contributions also address the need for a systemic view in the planning phase, as well as adequate communication and policy measures and incentives.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309462398 Total Pages :65 pages Book Rating :4.3/5 (94 download)
Book Synopsis Utilizing the Energy Resource Potential of DOE Lands by : National Academies of Sciences, Engineering, and Medicine
Download or read book Utilizing the Energy Resource Potential of DOE Lands written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-09-28 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for energy resource development on Department of Energy (DOE)-managed lands remains a topic of interest within DOE, Congress, and with private developers interested in siting projects on DOE lands. Several previous studies have estimated the energy resource development potential using various approaches and methodologies. The National Renewable Energy Laboratory (NREL) was tasked by the DOE Office of Legacy Management in 2013 with conducting a study to further refine and build upon previous analyses and to assess energy resource development potential on these lands. Utilizing the Energy Resource Potential of DOE Lands reviews and comments on the NREL study.
Book Synopsis Optimizing DER Deployment for Climate, Health, Resilience, and Energy Bill Benefits Using the REopt Model by : Amanda Farthing
Download or read book Optimizing DER Deployment for Climate, Health, Resilience, and Energy Bill Benefits Using the REopt Model written by Amanda Farthing and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis REopt Lite Tutorial: Advanced Utility Rate Inputs by :
Download or read book REopt Lite Tutorial: Advanced Utility Rate Inputs written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This tutorial gives an overview of the advanced utility rate inputs in the REopt LiteTM web tool.
