📄️ Solving Problems with HOMER software
HOMER Front simplifies the task of designing front of the meter utility scale solar and storage systems and evaluating its profitability. HOMER's optimization and sensitivity analysis algorithms allow you to evaluate the economic and technical feasibility of a number of technology options and to account for variations in technology costs and energy resource availability. Working effectively with HOMER Front requires understanding its three core capabilities; simulation, optimization, and sensitivity analysis; and how they interact.
📄️ Front Dispatch Strategy
Maximizing the revenue of a battery energy storage system is achieved through an optimal battery dispatch strategy. The optimal dispatch involves maximizing revenue by exporting energy from the battery or available renewable production and minimizing energy purchased to charge the battery, subject to physical constraints of the battery and any import or export limitations. The optimization problem of interest can be expressed as follows:
📄️ Why Would I Do a Sensitivity Analysis?
Below several numerical inputs is a sensitivity button that allows you to do a sensitivity analysis on that variable.