This webinar is being recorded and will be

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This webinar is being recorded and will be published on the EERE Program Information Center website If you do not wish to have your voice recorded, please do not speak during the call If you do not wish to have your image recorded, please turn off your camera or participate by phone If you speak during the call or use a video connection, you are presumed to consent to recording and use of your voice or image Please mute your phones and we’ll begin momentarily Welcome OPTIMA Funding Opportunity Announcement Webinar DE-FOA-0003034 SETO.OPTIMA.FOA@ee.doe.gov May 4, 2023 Notice NO NEW INFORMATION OTHER THAN THAT PROVIDED IN THE FOA WILL BE DISCUSSED IN THE WEBINAR. There are no particular advantages or disadvantages to the application evaluation process with respect to participating on the webinar today. Your participation is completely voluntary. Notice All applicants are strongly encouraged to carefully read the Funding Opportunity Announcement DE-FOA-0003034 (“FOA”) and adhere to the stated submission requirements. This presentation summarizes the contents of FOA. If there are any inconsistencies between the FOA and this presentation or statements from DOE personnel, the FOA is the controlling document and applicants should rely on the FOA language, reference section VII, and seek clarification by submitting a question to SETO.OPTIMA.FOA@ee.doe.gov DE-FOA-0003034 Operation and Planning Tools for Inverter-Based Resource Management and Availability for Future Power Systems (OPTIMA) Anticipated Schedule: Agenda Topic Areas/Technical Areas of Interest Award Information FOA Timeline Concept Papers Full Applications (and new requirements) Merit Review and Selection Process Pre-Selection Interviews Registration Requirements Expected: 9-13 awards across 3 Topic Areas, $30M federal funds total FOA released: 4/20/23, Concept Papers: 6/5/23 Selections: December 2023, Awards: April 2024 Overview: OPTIMA (Operational and Planning Tools for IBR) FOA 7 Develop tools that consider grid flexibility technologies e.g., advanced IBR controls, VRE plant optimization, energy storage, GETs, and demand-side flexibilities Validate and demonstrate the new planning tools in simulation using ISOs’ or utilities’ planning platform No field demonstration, software studies only (20% CS) but utilizing utility data (DMP/NDA required) Summary Topic 1: Planning Tools for Future Power Systems This topic seeks to improve the long-term planning process of the bulk power grid by incorporating the unique features of variable renewable energy (VRE) sources and new technologies that support VRE into the planning process, such as energy storage, advanced IBR modeling and grid-supporting controls, and grid-enhancing technologies. Tools should also address the impact of cascading