HOMER Knowledge Base
Spot arbitrage, Inter-day Trading, Capacity Markets, and Grid Services
Product: HOMER Grid 1.1.1
Does this model also optimize for grid services, e.g., primary reserve, secondary reserve, or others?
HOMER Grid doesn't do these things effectively yet, because it is focused on reducing a utility bill through demand charge reduction, energy arbitrage, or maximizing self-consumption. We're aspiring to develop into a more complete value-stacking assessment tool.
The work-around currently in HOMER Grid is: you can model your project receiving a flat hourly credit for having a battery, and you can force the battery to remain at least 50% charged
Does this model also optimize for grid services, e.g., primary reserve, secondary reserve, or others?
HOMER Grid doesn't do these things effectively yet, because it is focused on reducing a utility bill through demand charge reduction, energy arbitrage, or maximizing self-consumption. We're aspiring to develop into a more complete value-stacking assessment tool.
The work-around currently in HOMER Grid is: you can model your project receiving a flat hourly credit for having a battery, and you can force the battery to remain at least 50% charged