Whether used alone or in combination with other energy sources such as solar (storage + photovoltaic), battery energy storage systems can offer your company a valuable business opportunity.
Specifically, installing a battery storage system provides numerous benefits:
- Sustainability: by improving the grid’s overall efficiency, battery storage systems foster the broader use of renewable energy, and help your company meet its sustainability targets more quickly
- Resilience: batteries guarantee your company temporary back-up power and other types of resilience which will allow your company to keep working normally even in the case of blackouts and other grid malfunctions
- Participation in Demand-Response programmes: installing battery storage systems means you can participate in Demand-Response programmes. Accordingly, this will generate new revenue streams in return for your company agreeing to partially modify its electricity consumption.
- Energy savings through two main options:
- Demand Charge Management: reduces consumption of electricity from the grid during peak times, ensuring that energy consumption is always kept beneath a specific threshold;
- Time-of-Use-Energy-Management: energy prices fluctuate over the course of the day so, the battery charges when prices are lower (e.g. at night) and can then supplies the energy when prices are higher.
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