What are Commercial Battery Storage Systems?
Commercial battery storage systems are large-scale energy storage solutions, akin to big power banks, designed to store and release electricity from various sources. These systems vary in size and capacity, ranging from 50 kWh to 1 MWh, making them suitable for small- to medium-sized organizations.
With a modular structure, these systems can be customized to meet specific applications and customer needs. They are widely used in facilities like schools, hospitals, petrol stations, shops, and industries to manage energy requirements effectively.
Commercial battery storage systems help support the grid by balancing demand fluctuations, providing backup power during outages, and integrating with renewable energy sources like wind and solar. They can also reduce electricity bills and create new revenue opportunities, making them a cost-effective solution for many businesses.
Advantages of Commercial Energy Storage Systems
- Resiliency: These systems provide backup power during grid failures or other emergencies, ensuring continuous operation for critical facilities like hospitals, data centers, and industries that cannot afford power interruptions.
- Cost Savings: Commercial energy storage systems help businesses lower electricity costs by shifting usage from peak to off-peak hours when power is cheaper. This reduces demand charges based on the highest electricity usage during a billing period. Additionally, businesses can earn revenue through demand response programs that reward reduced electricity use during peak times.
- Renewable Integration: These systems enhance the use of renewable energy sources like solar and wind by storing excess power during high generation periods and releasing it during low generation periods. This reduces reliance on fossil fuels and lowers greenhouse gas emissions. They also stabilize the grid by balancing supply and demand and providing services like frequency control and voltage support.
- Additional Grid Benefits: Commercial energy storage systems improve grid and societal resilience against cyberattacks and natural disasters, boost economic value and competitiveness by creating new jobs and markets, and reduce environmental impact by lowering air pollution and water consumption.
