Using batteries for peak shaving offers several key benefits:
Main Benefits of Battery-Based Peak Shaving
- Cost Savings:
- Battery energy storage systems (BESS) can store energy during off-peak hours and release it during peak periods, reducing the strain on the grid and lowering demand charges significantly.
- By avoiding the highest rate periods, businesses can save considerable amounts on their electricity bills.
- Grid Stability and Reliability:
- Peak shaving with batteries helps stabilize the grid by reducing the sudden spikes in demand, thus ensuring more consistent power delivery and lowering the risk of power outages.
- This approach supports the integration of renewable energy sources, making the grid more resilient.
- Infrastructure Cost Reduction:
- By flattening peak demands, the need for grid upgrades or additional infrastructure is reduced, as existing infrastructure can handle more consistent loads.
- Flexibility and Versatility:
- Batteries provide quick response times, allowing for immediate adjustments to power consumption patterns.
- They can be co-located with demand sources, such as factories or residential areas, offering flexibility in managing energy use.
- Environmental Benefits:
- Peak shaving can lead to a more efficient use of energy, potentially reducing carbon emissions by making better use of renewable energy sources and minimizing reliance on high-carbon generators during peak times.
Overall, using batteries for peak shaving is a strategic method to optimize energy consumption, reduce costs, and enhance grid resilience as part of a broader move toward sustainable energy management.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-main-benefits-of-using-batteries-for-peak-shaving/
