Open-Source Software: Unlocking Economic Insights into Nuclear-Renewable Integrated Energy Systems with HYBRID
ID: CW-19-15Type: Special Notice
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ENERGY, DEPARTMENT OFENERGY, DEPARTMENT OFBATTELLE ENERGY ALLIANCE–DOE CNTRIdaho Falls, ID, 83415, USA

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SPECIAL STUDIES/ANALYSIS- COST BENEFIT (B505)
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    The Department of Energy is seeking to enhance economic insights into Nuclear-Renewable Integrated Energy Systems (N-R IES) through the open-source software known as HYBRID, developed by the Battelle Energy Alliance at the Idaho National Laboratory. The objective is to utilize the HYBRID simulation framework, which integrates stochastic analysis, probabilistic optimization, and high-fidelity physical modeling, to accurately assess the economic viability of N-R IES under varying conditions. This initiative is crucial for addressing the challenges posed by the integration of renewable energy sources into the electric grid, enabling better capacity planning and dispatch optimization for energy providers, as well as supporting academic research and policy decision-making. Interested parties can reach out to Andrew Rankin at andrew.rankin@inl.gov for further information, and the software is available for free download on its GitHub page.

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