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USING MODEL AND ECONOMIC VALUE TO MOVE TO NEXT TIER OF THE MICROGRID
June 1, 2021 @ 1:00 pm - 5:00 pm EDT
Hybrid Nano/Microgrids: Physical and Economic Modeling and Analysis
A Microgrid Workshop Series
Microgrids and distributed energy resources have moved from concept and testing to become a key part of our energy future. The ability to model an effective microgrid is in high demand. Whether you are tasked with initial assessment, nanogrid modeling for Tier 1 resiliency, full microgrid modeling for reliability and economic benefit, or you are an engineer wanting to enhance your skill set for this growing market, this workshop series is for you.
Workshop 201 | Tuesday, June 1 | 1:00 pm – 5:00 pm ET
Examine how DER assets are included and how the modeling becomes the basis of a “Digital Twin” which allows time-based predictive/adaptive simulation, and the visualization of the energy resources and their interconnections via the grid. Analyze economic modeling based on various optimization/participation scenarios in energy markets and utility programs.
Topics:
- DER additions, registering assets
- Model as foundation for Digital Twin
- Economic savings utilizing the Digital Twin
- Economic optimization – full value of market participation
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