Hybrid Economical Power Dispatch Model

In response to growing electricity demand and the strain on traditional grids, Diamer Energy developed an advanced economic dispatch model for hybrid power systems. This model was designed to reduce operational costs by efficiently balancing electricity generation from multiple sources, including the grid, renewable energy (such as wind and hydrogen), battery energy storage systems (BESS), and backup options. Operating on the principle of utilizing the least-cost electricity available and optimizing resource availability, our model provided a cost-effective and reliable solution, enhancing both grid stability and the integration of sustainable energy.