METHOD FOR DETERMINING THE OPTIMAL MIX OF ENERGY FOR A HYBRID RENEWABLE ENERGY PRODUCTION SITE

The invention relates to a method for determining the optimal renewable energy production mix for a specific geographic location via simulation, comprising the steps of:- Collecting renewable energy resource data for the specific geographic location over a predetermined time period;- Calculating power curves and matrices for at least two renewable energy technologies based on the collected renewable energy resource data;- Estimating the potential of generated electric power over time of the at least two renewable energy technologies based on the calculated power curves and matrices, the time period and the characteristic parameters of each of the at least two renewable energy technologies; and- Simulating different base load and power variations based on the estimation of the potential generated electric power and different distribution of the electric power generation of the at least two renewable energy technologies;- Identifying an optimal distribution of the at least two renewable energy technologies by analysing the base load and power variations for each simulation and choosing the distribution of the electric power generation with the highest base load and lowest power variation.