Cost reduction

Energy arbitrage

Through ESS, customers could be able to store energy at night when the cost is low, and then discharge it during the day to offset expensive energy. Building owners subject to variable electricity pricing can leverage price gaps to reduce their electric bill. Charging the storage when electricity prices are low and discharging when prices are high shifts consumption to lower-cost electricity.

Backup Power

commercial and industrial facilities have invested significantly in local emergency backup infrastructure. With advanced storage solutions on the market today, there may be opportunities to upgrade this infrastructure to provide not only emergency backup, but also a host of other money-saving and money-making solutions. And by using this infrastructure on a daily basis for demand charge reduction, its reliability and availability in the event of an outage can be increased as compared to a standalone battery system and diesel generator that is only used during an electricity outage.

Grid and Electricity Optimization

When cooperate with on-site generation, energy storage can smooth electricity output, mitigating instability in electricity output due to changes in weather, temperature, shade, and other factors. Such systems may be particularly valuable to utilities in areas where renewables, such as solar PV, are in wide use. Manufacturing facilities and buildings with sensitive digital equipment can require consistent power quality. Variations in voltage supply can damage equipment or impede operations. Energy storage can provide fast-acting support to ensure that electricity from the grid meets the quality needed by end users.