Energy Storage Systems (BESS)
- Operation: Store energy from the grid or renewable sources during off-peak periods and release it during peak hours.
- Advantages:
- Flexibility: Can quickly respond to changes in demand, ensuring grid stability.
- Cost Savings: Reduces demand charges by avoiding high-cost peak electricity.
- Renewable Integration: Enhances self-consumption of renewable energy.
- Disadvantages: Requires initial investment in battery systems.
On-Site Generation
- Operation: Uses on-site sources like solar panels, wind turbines, or generators to produce electricity during peak times.
- Advantages:
- Autonomy: Can provide a backup power source, improving energy security.
- Renewable Benefits: Aligns with sustainability goals by
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