We are a highly specialised group focused on mathematical modeling and optimization, specially of renewable energy, with broad experience in sizing renewable energy power plants combining wind, photovoltaic and whichever storage system ranging from batteries (BESS) to hydropower plants and hydrogen.
Resource data, inner physics, constraints and economics of involved technologies, as well as price curves forecast and rules of every involved market is only needed.
Functions such as: NPV, IRR, LCOE, NEH... can be easily optimized with AREO to have a great and accurate project overview that leads to a very convenient strategic position.
As a result, an optimal mix of renewable energy systems is found within an attractive visual frame that gathers an infinite variety of optimal combinations, in which constraints can be easily set over these compact graphics.
Project NPV map for a hydro project with 8h of storage. An additional map showing the optimal power storage is not shown here but calculated.
AREO energy delivers our clients high technical level, clear and easy-to-read reports. These, are accompanied by a complete output datasheet that make them fully traceable and auditable reports.
You can download an illustrative example of how a complete report would look like pressing the following link:
AREO can model any type of storage system and incorporate every market at the same time described with any timestep thanks to the Artificial Intelligence.
AREO does the unintuitive work with energy shift from price valleys to peaks according to imposed restrictions without exceeding a constant or variable demand minimising the market exposure.
Optimal operation of a WIND+PV+BESS(2h) with 80% DoC limiting maximum year cycles to 365.
Any customer that wants to play with AREO, now can.
AREO methodology has been carefuly designed to be extremely compatible with any procedure and can be adapted and optimized with ease in case one may decide to combine it with own tools.
Build the cases from a pre-built one using your inputs, adjust the parameter variations, double-click, and wait for the batch to run!
