UL Solutions HOMER® Front Software Adds Frequency Regulation Modeling for Utility-Scale Battery Storage 

UL Solutions announced the release of the new 1.0 version of HOMER® Front software, adding expanded performance and financial forecasting capabilities to the subscription-based online application for designing, optimizing and maximizing the revenue and return on investment of complex utility-scale energy storage, solar, wind and hybrid systems. With the new capabilities in HOMER Front software version 1.0, battery energy storage system (BESS) stakeholders can model most electricity markets worldwide.

Decarbonize industrial processes and our energy future with green hydrogen

Hydrogen can help decarbonize hard-to-abate, energy- and carbon-intensive industrial processes, long-haul transporting, and ammonia production. But making hydrogen requires a significant amount of electricity. Green hydrogen delivers clean energy with only water and heat as a byproduct and is seeing renewed and intensified focus as the path to fully decarbonizing energy use worldwide.

UL Solutions HOMER® Grid Software’s New Release Empowers Electric Vehicle Charging Station Designers to Maximize Revenue and Return on Investment

A new release of HOMER® Grid, energy modeling software for grid-connected hybrid power projects, enables users to rapidly calculate EV charging revenue. The new capability helps project developers reduce the time and uncertainty of evaluating the ROI of a proposed, site-specific, renewable energy-plus-storage powered charging station, maximize the project’s value, and demonstrate that value to customers. Additional updates include the addition of California’s new Net Energy Metering (NEM) 3.0 tariffs and the ability to import project production data from other design software. Learn more at the webinar on Sept. 28, 2023. Read more for details.

U.S. Inflation Reduction Act: Impacts on Renewable Energy

In a recent impact analysis of the Inflation Reduction Act (IRA), UL Solutions cited renewables industry trade group American Clean Power’s statistic that, with the passing of the IRA, roughly 40% of the country’s electricity will come from wind, solar and energy storage by 2030. Overall, the demand for energy storage installations and hybrid systems stands to explode.

8th Annual HOMER International Microgrid Conference: Virtual

HOMER Energy is pleased to announce that the 8th Annual HOMER International Microgrid Conference will take place virtually this fall, as a series of online events that will be announced soon. We look forward to involving even more people than are usually able to attend our conference. We will celebrate our new way of connecting as we share the latest innovations in microgrid development: