REopt Models Solar, Storage, and Utility-Scale Wind Farms for GE
NREL worked with General Electric Co. (GE) to evaluate whether adding solar photovoltaics (PV) or energy storage to utility-scale wind farms could improve power plant economics across several markets. NREL used the REopt™ model to evaluate several use cases, including using PV and storage to:
- Firm wind generation to meet the day-ahead forecast
- Maximize locational marginal price revenues by selling power at the highest price hours
- Meet 100% of a load at a specific node or distribution feeder, or for a specific customer.
GE will use the REopt analysis to identify potential market opportunities for hybrid solar or storage wind systems.
General Electric Co.