Block ip Trap

Maximize revenue of utility-scale energy storage New!

15 Jan 2023

UL Solutions released HOMER Front, a licensable web-based software platform for designing and optimizing complex utility-scale energy storage systems — whether standalone or in combination with solar or wind energy. Equipped with robust battery dispatch modeling and an intuitive user interface, HOMER Front performs technical and economic analysis that helps developers maximize the revenue of their energy storage or hybrid project. The software allows users to test and analyze wind, solar, and battery project size, architecture, and technology rapidly. In conjunction, HOMER Front users can optimize battery augmentation strategies for participating in energy and capacity markets and meeting off-take agreement requirements. Important value streams for U.S. and global markets that rely on energy wholesale, capacity markets, and power purchase agreements, including California Independent System Operator (CAISO) and Electric Reliability Council of Texas (ERCOT), are modeled in the software. HOMER Front is built on the HOMER software platform. As HOMER software’s first web-based application, HOMER Front eliminates the need for download and installation, enabling use on any operating system by global teams and increasing computational power. 

UL Solutions | ul.com

 


Volume: 2023 January/February