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REopt: A Platform for Energy Sysetm Integration and Optimization, Preprint.


DE141155115

Publication Date 2014
Personal Author Simpkins, T.; Cutler, D.; Anderson, K.; Olis, D.; Elgqvist, E.; Callahan, M.; Walker, A.
Page Count 10
Abstract REopt is an energy planning platform offering concurrent, multiple 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 the energy costs of a site by considering electricity and thermal consumption, resource availability, complex tariff structures including time-of-use, demand and export 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.
Keywords
  • Energy systems
  • Integration
  • Optimization
  • Assets
  • Costs
  • Economic model
  • Electricity
  • Energy consumption
  • Energy demand
  • Energy storage
  • Renewable energy sources
  • Thermal analysis
Source Agency
  • Technical Information Center Oak Ridge Tennessee
NTIS Subject Category
  • 97G - Policies, Regulations & Studies
  • 97B - Energy Use, Supply, & Demand
Corporate Authors National Renewable Energy Lab., Golden, CO.; Department of Energy, Washington, DC.
Supplemental Notes Sponsored by Department of Energy, Washington, DC.
Document Type Technical Report
NTIS Issue Number 201503
Contract Number
  • DE-AC36-08GO28308
REopt: A Platform for Energy Sysetm Integration and Optimization, Preprint.
REopt: A Platform for Energy Sysetm Integration and Optimization, Preprint.
DE141155115

  • Energy systems
  • Integration
  • Optimization
  • Assets
  • Costs
  • Economic model
  • Electricity
  • Energy consumption
  • Energy demand
  • Energy storage
  • Renewable energy sources
  • Thermal analysis
  • Technical Information Center Oak Ridge Tennessee
  • 97G - Policies, Regulations & Studies
  • 97B - Energy Use, Supply, & Demand
  • DE-AC36-08GO28308
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