The growing complexity of energy systems demands smarter, faster, and more insightful microgrid design. Whether it’s enhancing energy resilience, integrating renewables, or optimizing costs, the key lies in a simulation platform that blends physical accuracy with economic intelligence—right from the concept stage.
In this webinar, we explore a cutting-edge, techno-economic microgrid modeling workflow built on GT-SUITE. The session will demonstrate how advanced system simulation can drive data-backed decisions for both technical feasibility and financial viability.
Our discussion will cover:
- ⚡ Actionable Techno-Economic Metrics: Real-time insights into ROI, CAGR, OPEX, CAPEX, LCOE, NPV, TCO, BEP, Renewable fraction, Emissions, Power-Split, Islanding and more… for data-driven decision-making
- 🌦️ Realistic Multi-Year Weather Modeling & Location-Specific Energy Insights: Integrated NASA POWER API enables high-resolution solar and wind data across multiple years—tailored to any latitude/longitude for reliable energy planning
- 🧠 Multiphysics & Multi-Fidelity Flexibility: Model subsystems using map-based/empirical, ROM or detailed physics-based approaches—scalable to your needs.
- 🧩 Modular Fidelity Switching: Easily toggle between low and high-fidelity models to balance simulation speed and accuracy.
- 🔋 Extensive Component Library: Includes validated and ready-to-use database of DG and battery (Li-Ion) for rapid prototyping at early stage in absence of data.
- 💡 Custom Logic Support: Customizable rule-based controls, including dynamic ToU (Time-of-Use) tariff modeling, incentive modeling (e.g., X2G – Microgrid-to-Grid, Vehicle-to-Grid, etc.), and policy-driven scenario planning. Energy Arbitrage logic – buy low (grid), sell/use high (storage), maximizing economic benefit. Power split optimization using Equivalent Consumption Minimization Strategy (ECMS).
- 📉 Optimization & Design Sizing: Optimize component sizing for minimum cost and maximum performance. Evaluate variability analysis for financial uncertainties.
- 📈 Visualization-Ready Outputs: Energy Flow Sankey Diagrams, Cumulative Energy Pie Charts for energy mix and Scenario Comparison with Radar/Spider Plots for visual decision-making and much more out-of-the-box.
- ⏱️ Lightning-Fast Simulations: Run long-term (multi-year) performance and aging simulations in just few minutes. Can also leverage distributed computing for large DOE.
- 🌐 Interactive Web Interface: GT-Play integration for interactive demos, stakeholder engagement, and remote evaluations – accessible anytime, from anywhere.
- 🤖 Full Workflow Automation: GT-Automations enables seamless preprocessing, model setup, execution, and results reporting – avoiding human errors.
- 🎯 Who Should Attend: Microgrid developers, energy consultants, CAEs, R&D teams, utilities, sustainability leaders, and planning managers seeking holistic techno-economic microgrid insights.
Join Ujjwal Chopra, our domain expert, on June 11th, 2025, at 15:00 (IST) to gain insights into how GT-SUITE is revolutionizing microgrid simulation with speed, accuracy, and economic intelligence