Destination Decarbonization: Design and Optimize Microgrids to Cut Carbon and Costs and Deliver Resilience
Today, energy demand is surging, utility tariffs are more complex, and grid outages are making evaluating projects increasingly challenging. Meanwhile, the pressure is on to cut carbon emissions while providing reliable, low-cost power. The solution lies in distributed generation. But how do you design a DER that reliably meets the electric load, keeps the lights on when the grid goes down, and cuts carbon and energy costs? Learn from the case study of a facility that developed a microgrid to meet these goals. See how energy modeling of distributed energy resources and side-by-side comparison of the technical and economic performance of various system configurations helped minimize risks and enabled the successful development of a reliable renewable energy microgrid solution.
After this session, you will understand the following:
-The complex variables to consider in designing effective distributed energy systems
-The impact of stacking value streams (energy and demand cost savings, utility programs, incentives)
-A real-world example of putting solutions into action
Speaker Bio
Parangat Bhaskar is the product manager of HOMER software from UL Solutions. His focus is finding the best solutions for the problems that customers face. Parangat engages with existing and potential customers to understand their pain points and translate those challenges into the vision and strategy of the HOMER software.
Before joining UL Solutions, Parangat was a staff scientist at the Department of Energy’s National Renewable Energy Laboratory (NREL). At NREL, Parangat led the development of research-grade open-source software exploring potential techno-economic innovations in distributed-scale wind and utility-scale hybrid energy systems. Parangat holds a Bachelor of Science in Energy Systems Engineering from Pennsylvania State University.