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REALM: Renewable Energy and Load Management

Sector: Commercial • Location: Australia

Source: Australian Renewable Energy Agency (ARENA)

Project
Closed

REALM is a feasibility study which demonstrates how optimally integrating on-site renewables, storage and energy productivity can reduce business costs and emissions, while simultaneously supporting the network.This project will build a strong business case for REALM systems by:Better understanding the scope, globally, of REALM for businessDemonstrating the potential for REALM to improve the finan

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The project “REALM: Renewable Energy and Load Management” is an infrastructure initiative in the Commercial sector, located in Australia. Taiyo aggregates data on it from Australian Renewable Energy Agency (ARENA).

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Description

Description

REALM is a feasibility study which demonstrates how optimally integrating on-site renewables, storage and energy productivity can reduce business costs and emissions, while simultaneously supporting the network.This project will build a strong business case for REALM systems by:Better understanding the scope, globally, of REALM for businessDemonstrating the potential for REALM to improve the financial case for renewable energy deploymentDetermine the economic feasibility of 5 prospective pilots, to determine the best configuration and site(s)Identify any technical, financial and/or policy barriers to optimal REALM deployments, andRecommend an implementation path for the best pilots to validate the business cases. A groundswell of business interest in renewable energy supply is growing, particularly on-site solar photovoltaics (PV). What is still missing is a strong understanding of how on-site renewables can best complement the site’s energy and load demand.Project InnovationAustralian businesses are increasingly installing onsite renewable – generally solar photovoltaic (PV) – systems. However, none have integrated solar with cutting edge demand control, storage and other energy productivity measures. Optimising a REALM system offers significant potential to further decrease both the energy costs of the business and the grid.

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High

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