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Presentation provides an overview of how facility energy and water efficiency audits can provide resilience benefits, how NREL's REopt Lite web tool optimizes the economic and resilience benefits of distributed energy resources, and how FEMP's Technical Resilience Navigator assesses risk to a site's critical functions and prioritizes solutions.
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.
REopt Lite can be accessed via the web tool, application programming interface (API), or open source code. The open source code allows users to add custom features and capabilities.
This training exercise provides users with an introduction to and hands-on, interactive exploration of REopt Lite's capabilities. REopt Lite is a free, publicly available techno-economic optimization web tool for distributed energy systems, developed at the National Renewable Energy Laboratory (NREL). REopt Lite helps organizations evaluate the economic viability of grid-connected solar photovoltaics (PV), wind turbines, and battery storage; identify system sizes and battery dispatch strategies to minimize energy costs; and estimate how long a system can sustain critical load during a grid outage. The model is formulated as a mixed-integer linear program based in an underlying application programming interface (API) that is also free and publicly available. This training activity is structured as a group exercise. Participants split into eight groups and each group is assigned a different hypothetical site to model and assess the opportunity for solar PV + battery storage. Groups work together to develop results for their site and then re-convene to compare and discuss results, inputs/drivers of the analysis, and other factors impacting the decision-making process for behind-the-meter solar PV and battery storage.
REopt Lite evaluates the economic viability of grid-connected solar photovoltaics, wind, combined heat and power, and electric and thermal storage at commercial and small industrial sites. It allows building owners to identify the system sizes and dispatch strategies that minimize the site’s life cycle cost of energy. REopt Lite also estimates the amount of time on-site generation and storage can sustain the site's critical load during a grid outage and allows the user the choice of optimizing for energy resilience. It is primarily used to inform project development decisions and to support research on the factors that drive project feasibility for market development and policy analysis. It is available through a web interface, application programing interface, and open-source code. This user manual 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.