Hybrid Energy Resource Optimizer (HERO)

Optimize battery energy storage and hybrid projects with HERO - market‑aware dispatch, price‑curve integration, and transparent IRR/NPV modelling.

Contact our experts Download our brochure

Hybrid Energy Resource Optimizer (HERO)

Contact our experts Download our brochure

   

An introduction to HERO for energy storage assets

Effect of DNV´s Hybrid Energy Resource Optimizer (HERO)
Key effects of HERO: faster scenario analysis, realistic dispatch modelling, and improved financial clarity for energy storage assets.

DNV’s Hybrid Energy Resource Optimizer (HERO) is an advanced tool that delivers realistic, transparent valuation and optimal dispatch strategies for assets across battery energy storage systems (BESS) and hybrid energy systems. Built on unparalleled battery engineering, contract and regulatory expertise, and advanced energy modeling, HERO helps developers, investors, and operators maximize revenue while reducing risk.

 

Value proposition (at a glance)

Maximize merchant revenue across day‑ahead and ancillary services (aFRR, mFRR) with ISO‑compliant modelling

Market‑aware dispatch using custom price curves, while honoring throughput and interconnection constraints

Transparent finance KPIs: cashflow, IRR, and NPV that investors can trust

Why choose HERO?

    • Detailed loss‑tree analysis for renewables and storage
    • Seamless import of off‑the‑shelf production profiles ideal for battery storage modeling and in hybrid setups
    • Use of Power Price Forecast as inputs for the evaluation of hybrid or stand-alone solutions
    • Built by DNV’s Energy Storage Advisory team (40+ experts, 8+ years)
    • Backed by independent reviews trusted by financiers- credible support for battery storage projects
    • Optimize dispatch across day‑ahead, automatic Frequency Restoration Reserve (aFRR) power and energy markets, and manual Frequency Restoration Reserve (mFRR)
    • Respect operational and interconnection limits while pursuing opportunities in the power market
    • API access, fast recalculation, scenario cloning, scenario switching, and downloadable reports speed analysis and decisions
    • Transparent cash‑flow views (CAPEX/OPEX, IRR, NPV) support confident energy finance decisions
Screenshot from the HERO application
Unified energy market timeline showing DAM activity, ancillary service deployment, BESS dispatch, and price signals - all in a single, real-time operational overview.

Modelling electricity and capacity market mechanisms

Understanding electricity and capacity markets participation

HERO models how energy storage assets interact with electricity and capacity markets so users can explore revenue potential, operational constraints, and compliance pathways. Instead of focusing only on dispatch results, HERO helps explain why certain strategies perform better under specific market rules and price conditions.

Exploring revenue stacking and price-curve integration

HERO represents how BESS and hybrid assets interact with different electricity and capacity markets by modelling participation across day‑ahead, intraday, ancillary services, and capacity mechanisms. The tool also incorporates custom price curves and sensitivity inputs, allowing users to examine how varying market conditions influence operational outcomes and long‑term revenue behaviour.

Key features

    • Detailed loss‑tree parameters for renewables and storage
    • Import renewable production profiles from off‑the‑shelf tools
    • Configurable ITC and interconnection constraints
    • Market‑specific bidding, dispatch, and settlement
    • Compliance with throughput limits and contractual requirements
    • Capital and O&M cost modeling
    • Cashflow, IRR, and NPV calculations
    • Custom price‑curve integration
    • KPIs to support storage project financing decisions
    • Automate dispatch optimization via API
    • Clone scenarios for sensitivity analysis
    • Download results and raw data for deeper insights
    • Standalone storage
    • DC‑coupled with solar PV
    • AC‑coupled with solar PV on shared bus
    • Ideal for utility‑scale battery storage and solar‑plus‑storage projects
    • Support for hybrid energy systems combining multiple renewable sources and storage for grid stability (under development)
Scenario management
Complete system configuration overview for AC coupled BESS with solar, including scenario parameters, capacities, efficiencies, and grid interconnection.

Benefits

Reduce project risk:

Transparent valuation and realistic income adjustment

Maximize revenue:

Optimal dispatch strategies across multiple markets

Accelerate decision making:

Fast scenario analysis and financial modelling

Supported configurations

  • Battery energy storage system (BESS)
  • Solar and storage
  • Energy storage system
  • Wind + battery storage
  • Hybrid renewable energy systems

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