The main benefits of using battery energy storage systems (BESS) for peak shaving are numerous and multifaceted:
1. Cost Reduction
- BESS help reduce demand charges by minimizing peak electricity consumption from the grid during high-demand periods, which are often associated with higher electricity costs.
- By storing energy during off-peak hours when electricity prices are typically lower, businesses can save money by using this stored energy during peak periods.
2. Grid Stabilization
- Peak shaving helps stabilize the grid by reducing strain during peak demand periods. This prevents potential power outages and grid congestion.
- It allows for more efficient operation of the electrical grid, contributing to a more reliable energy supply.
3. Improved Energy Efficiency
- Using stored energy during peaks reduces the need for electricity generation from fossil fuels, which can lead to improved energy efficiency and lower carbon emissions.
- It also supports the integration of renewable energy sources by storing excess energy generated during periods of low demand for later use.
4. Increased Energy Autonomy
- Businesses and homeowners can enhance their energy autonomy by relying less on the grid during peak periods. This provides a form of backup power, ensuring continuity even in the event of outages.
5. Sustainability
- By utilizing stored energy from renewable sources during peak times, peak shaving contributes to a more sustainable future by reducing dependence on fossil fuels and promoting cleaner energy practices.
Overall, peak shaving with BESS offers significant financial, operational, and environmental benefits, making it an attractive strategy for managing energy costs and improving grid resilience.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-main-benefits-of-using-battery-energy-storage-systems-for-peak-shaving-2/
