Maximize value and mitigate risks of energy storage for solar, wind and hybrid projects
Evaluate major energy markets worldwide
Robust online platforms to streamline analysis
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.
For project development, bid evaluation and due diligence
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
Size your system
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.
Manage battery augmentation
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.
Compare revenue streams for energy markets worldwide
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.
Utilize robust sensitivity analysis
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.
Create insightful proposals that help demonstrate project value
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.
Mitigate risks and make hybrid power system decisions with confidence
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.
Resources
Techno-Economic Analysis for Utility-Scale Hybrid Systems
HOMER Front brochure
Tap into powerful performance and a trusted third-party model that enables you to share results and data and collaborate with your team without risking intellectual property.
Download the brochure
Project feasibility and financial impact case study
Learn how HOMER Front Hybrid Optimization helped a California-based developer identify the expected financial results for a solar-plus storage system.
Read the case study
Put the power of HOMER and UL Solutions to work for you
HOMER software from UL Solutions optimizes the value of your hybrid power systems and energy storage- whether your system is standalone, connected to the grid, behind-the-meter or utility scale.
License of software and perform your own modeling or utilize our team of experts to support your full project, including market and regulatory assessment, project and site evaluation, technical design and analysis.
LEVEL 1
Perform your own modeling
Model your projects accurately with a license for HOMER Front web-based software. Each license comes with five training hours to help you get started.
LEVEL 2
Conduct a project feasibility study
Benefit from a revenue and project viability evaluation performed by UL Solutions’ respected team of independent engineers and the power of HOMER Front Hybrid Optimization.
LEVEL 3
Receive a full project evaluation
Save time, maximize revenue and increase speed to completion with a full project evaluation by the engineering talent and expertise of UL Solutions advisory services team.
HOMER Front Hybrid Optimization and ULTRUS software
HOMER Front Hybrid Optimization is now part of ULTRUS software, which brings together flagship digital offerings from UL Solutions to help customers address their regulatory, supply chain and sustainability challenges.
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Leverage the value of energy storage and maximize the internal rate of return (IRR) of your project
Get the clear competitive advantage of HOMER Front Hybrid Optimization. Contact us today.
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