Retail Energy Time Shift
For utilities which offer TOU rates, DER-VET can be used to evaluate the customer benefits of shifting load from high-price times to low-price times with storage or using DERs to offset load (for TOU or non-TOU rates). This can be paired with a no-export constraint to keep the DERs from generating more power than is consumed by the load in real time.
- Optimization Details
This service modifies the objective function of the optimization problem by adding the term: Energy Price * Net Load * dt where Net Load is the power flow through the POI including all DER power.