What are onsite solar or wind meter types?

The Electric (Onsite) Solar or Wind Meters are unique meter types in Portfolio Manager. Figure 2a illustrates an onsite green power meter example. There are columns to track both the energy generated and used onsite, and the energy generated and exported offsite (i.e., back to the grid).

What is Onsite Energy?

Onsite energy refers to electric and thermal energy generation and storage technologies that are physically located at a facility and provide alternative energy services directly to the site.

How can on-site solar PV & energy storage improve sustainability?

To achieve sustainability goals while meeting the increasing electricity demands of electrification, organizations are pairing on-site solar PV generation with on-site energy storage. These systems, which are considered as “behind-the-meter” (BTM) systems, allow facilities to maximize the benefits of on-site renewable generation.

Is wind energy a reliable source of power?

Wind energy is a tried and tested source of power for onsite generation and self-consumption projects. Against alternative onsite solutions, the technology has proven itself capable of providing a reliable source of power and helping businesses reduce the cost of the energy they use.

What are the advantages and disadvantages of on-site solar generation?

On-site solar generation brings numerous advantages, some of which are as follows- 1. Cost Savings: By generating their own electricity on-site, individuals and businesses can reduce their reliance on the grid and save on energy costs, especially in areas with high electricity rates. 2.

Does onsite renewable electricity need to be tracked?

Because onsite renewable electricity generation is part of your building’s energy requirement, it must be tracked; it is not sufficient to enter only grid-purchased electricity.