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Battery Energy Storage System

2023-11-08

Latest company news about Battery Energy Storage System

What are the main battery storage applications?

 

Battery storage can be used in many ways that go beyond the simple emergency backup in the event of an energy shortage or blackout. Applications differ depending on whether the storage is being used for a business or a home.

 

For commercial and industrial users, there are several applications:

 

Peak shaving, or the ability to manage energy demand to avoid a sudden short term spike in consumption

 

Load shifting, which allows businesses to shift their energy consumption from one time period to another, by tapping the battery when energy costs more

 

Flexibility, whereby customers can reduce their site’s grid demand at critical times – without changing their electricity consumption. Energy storage therefore makes it a lot easier to participate in a Demand Response program and save on energy costs

 

Microgrids rely on batteries as a key component, because these grids need energy storage to enable them to disconnect from the main electricity grid when needed

 

Integration with renewable energy sources, since batteries guarantee a smooth and continuous electricity flow in the absence of the availability of power from renewable

 

 

Residential users benefit from battery storage applications by:

 

Self consumption, since residential users can produce solar energy during the daylight hours and then run their appliances at home at night


Emergency backup in the event of a blackout

 

Going off the grid, or detaching completely from an electrical or energy utility

 

 

What are the battery energy storage benefits?

 

The advantages of battery storage systems are many. They make renewable energy more reliable and thus more viable. The supply of solar and wind power can fluctuate, so battery storage systems are crucial to “smoothing out” this flow to provide a continuous power supply of energy when it's needed around the clock, no matter whether the wind is blowing or the sun is shining. Plus, they can protect any user from grid fluctuations that could compromise energy supply. Here are some of the advantages of battery storage:

 

Environmental gains
      Installing a battery storage system in a home or businesses powered by renewable energy reduces pollution, thereby contributing to the energy transition and combating the effects of global warming.

 

Lower energy costs

      Storing low-cost energy and consuming it during peak periods when electricity rates are higher allows a user to shift consumption and avoid higher charges, saving money. The savings are magnified when combined        with solar power, which is free.

 

Less dependent on the grid

  Battery storage systems guarantee a continuous energy supply, even at times when the energy grid is unstable due to peaks in demand or extreme weather.

 

“Always on” supply

  The sun is not always “on.” A battery storage system works round the clock, and therefore compensates for any fluctuations in solar energy supply by storing any excess power in the system.

 

Resilience

      A battery storage system provides emergency backup in the event of a power outage,​ guaranteeing business continuity.


      A battery storage system provides emergency backup in the event of a power

      outage,​ guaranteeing business continuity.

 

 

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