UL-Solutions - Version HOMER Front - Hybrid Optimization Software
Optimize performance of battery energy storage systems as well as solar, wind and hybrid energy projects to maximize value.
Product Details
HOMER Front Hybrid Optimization, part of ULTRUS™ software, is built on UL Solutions’ trusted HOMER hybrid power optimization platform. HOMER Front Hybrid Optimization software provides a powerful online web application that helps you model and optimize the technical and economic performance of utility-scale battery energy storage systems (BESS), solar and wind – independently or as hybrid systems.
Utilizing HOMER Front Hybrid Optimization’s intuitive interface and robust simulations, you get critical, actionable insights into maximizing multiple energy markets and revenue streams, and determining the most efficient system size, battery dispatch and augmentation strategies.
Optimize essential aspects of your design and determine your winning system faster
Calculate the optimal size of energy storage, solar, wind and other components in utility-scale systems, whether as standalone, single energy resource systems or combined in hybrid systems.
Model battery lifetime, capacity degradation and augmentation or replacement strategies to minimize ongoing expenses and maximize revenue. Custom storage capability enables you to input details that replicate commercially available batteries.
Perform detailed, holistic modeling of most major electricity markets worldwide, including day-ahead, merchant, wholesale or real-time energy markets down to a 15-minute interval. Evaluate power purchasing agreements with time-of-delivery obligations, capacity markets and ancillary services such as frequency regulation. Stack and compare multiple revenue streams and dispatch strategies and calculate revenue possibilities. Select from all major monetary currencies and customize inputs for all specific country or region.
De-risk your internal rate of return (IRR) by conducting sensitivity analysis on key performance parameters that often fluctuate, such as solar irradiance, wind speeds or energy market prices. Screen project sites and evaluate site and system economic viability.
Quickly turn your project analysis into a customer-facing proposal that presents critical aspects of your project, including revenue streams, technical performance and return on investment. With a detailed proposal, you, your customers and your stakeholders can move forward confidently.
Stop utilizing inadequate spreadsheets, and instead rely on accurate, confirmable analysis of multiple inputs of energy resources, markets and dispatch and augmentation strategies that help you maximize return on investment while reliably meeting contractual obligations. HOMER Front Hybrid Optimization provides a trusted third-party model that helps partnering companies, financiers and customers feel more confident.
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