REopt Lite Overview & Training Exercise

Krah, Kathleen; Elgqvist, Emma M

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DOE OSTI · 1606144

REopt Lite Overview & Training Exercise

Krah, Kathleen·Elgqvist, Emma M

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Abstract

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.

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29 ENERGY PLANNING, POLICY, AND ECONOMY 54 ENVIRONMENTAL SCIENCES battery storage critical load distributed energy grid outage grid-connected solar photovoltaics PV REopt Lite techno-economic optimization training wind turbines

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Krah, Kathleen, Elgqvist, Emma M. 2020-03-20. REopt Lite Overview & Training Exercise. https://www.osti.gov/biblio/1606144

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