Open-Source Software: Empowering Energy Analysts with Stochastic Technoeconomic Assessments with HERON
ID: CW-20-21Type: Special Notice
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ENERGY, DEPARTMENT OFENERGY, DEPARTMENT OFBATTELLE ENERGY ALLIANCE–DOE CNTRIdaho Falls, ID, 83415, USA

PSC

SPECIAL STUDIES/ANALYSIS- COST BENEFIT (B505)
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    Description

    The Department of Energy is seeking to enhance the capabilities of energy analysts through the development of the HERON toolset, which focuses on stochastic technoeconomic assessments for grid-energy systems. This initiative aims to provide a transformative solution that accelerates economic viability analysis by integrating advanced stochastic modeling, thereby addressing the complexities associated with the increasing reliance on variable renewable energy sources. HERON is designed to streamline the analysis process, making sophisticated technoeconomic assessments accessible to a broader audience, including energy analysts, academic researchers, and utility companies. For further information, interested parties can contact Andrew Rankin at andrew.rankin@inl.gov.

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