About HOMER Energy
HOMER Energy supplies software and consulting services to the rapidly growing international distributed renewable energy market, forecast to be $80 billion by 2014. In 2009, HOMER Energy received a license from the US National Renewable Energy Laboratory (NREL) to be the exclusive commercialization agent enhancing, supporting, and distributing the HOMER software worldwide.
HOMER has been downloaded by over 70,000 people and is used by governments, the military, utilities, energy systems integrators, and non-profit organizations to design hybrid power systems. HOMER is well-suited to analyzing diverse distributed energy applications including grid-tied hybrid renewable microgrids, or situations where the grid is insufficiently reliable – such as islands and remote communities. HOMER Energy is a privately held company located in Boulder, Colorado.
About HOMER software
The Hybrid Optimization Model for Electric Renewables (HOMER) is a software tool that simulates and optimizes an electric power system combining traditional and renewable generation sources. Its combination of chronological detail, rapid runtimes (scores of annual simulations per second), transparent methodology, and accessible interface are unique among power modeling tools. It performs detailed chronological simulations at an hourly (or even minute-by-minute) level. That detail is necessary to realistically model intermittent renewable power sources, such as wind and solar. It is simultaneously sufficiently transparent and intuitive to inform higher level policy discussions without the help of lengthy interpretation by dedicated engineering staff.
Using site-specific information about loads, resources, technology costs and performance, HOMER simulates all possible permutations of the system and then ranks the results, clearly showing the optimal, least-cost configuration. In addition, its sensitivity analyses demonstrate the results of changes to and uncertainty in the input parameters.