The National Renewable Energy Laboratory (NREL) is working with project partners to extend the U.S. Department of Energy’s (DOE’s) REopt Lite tool to include combined heat and power (CHP) modeling capabilities. REopt Lite currently provides technoeconomic optimization and resilience analysis for grid-connected solar photovoltaics, (PV), wind, and battery storage at a site. The tool analyzes hourly data across the project lifecycle and evaluates the trade-off between capital costs, operating costs, and savings to find the most cost-effective mix of technologies.