Picture of Battery Storage

REDUCE PEAK USE & DEMAND CHARGES

Battery storage helps meet the demands on unstable grid energy, heavy cycling and irregular full recharging

REDUCE PEAK USE & DEMAND CHARGES

Battery Storage / Energy Storage

Battery Storage systems are quickly becoming a crucial component of the expanding commercial solar market. This helps meet the demands on unstable grid energy, heavy cycling and irregular full recharging. Batteries convert electricity into chemical potential energy for storage and back into electrical energy as needed. They smooth out the variability of flow and store excess energy when demand is low to release it when demand is high keeping utility costs low.

Battery Storage Illustration

There are a number of opportunities for businesses to take advantage of the growing technological advances and declining costs within the energy storage sector.  Many incentives and requirements to deploy storage and manage both distributed renewable resources and fluctuating demand are available for many states. Just recently, New Jersey Governor Phil Murphy signed into law bills that will help ramp up clean energy production in New Jersey. Read our blog: NJ Clean Energy Bill Passes What Does That Mean For Your Business for more information about this bill.


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Benefits

  • Helps during emergencies like power outages (storms, equipment failures, accidents, terrorist attacks)
  • Works synergistically with solar
  • Reduces peak use and demand charges
  • Avoids volatile energy costs
  • Reduces carbon footprint
  • Helps meet sustainability goals

There are many things to consider when looking at solar battery storage as a solution to reducing demand charges:

  • Battery type
  • Sizing
  • Price
  • Capacity
  • Voltage
  • Cycle life

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RSS

  • May 20, 2020
    With the award of funding from the California Energy Commission, advanced energy hardware and software including solar-plus-storage, blockchain and EV charging stations will help demonstrate the feasibility of decarbonising a disadvantaged community in Los Angeles.
  • May 20, 2020
    Finance Minister Nirmala Sitharaman announced a series of measures on 16 May, including structural reforms, aimed at boosting a number of sectors for growth.
  • May 20, 2020
    Merchant energy storage has become an investable asset class in the UK, a provider of battery optimisation services has said, with the market moving away from an emphasis on contracted revenue streams for supplying grid services.
  • May 19, 2020
    Last week’s Energy Storage Digital Series ran from Monday to Friday and more than 1,000 people signed up to watch, listen and take part to the online conference.
  • May 19, 2020
    Eos Energy Storage will deploy a megawatt-scale, behind-the-meter zinc hybrid cathode battery energy storage system for a large oil refinery in Greece, claiming it be validation of the safety and environmental benefits of the novel technology.

Recent Articles on NJ Clean Energy Bill Signing:

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