- Cost Reduction and Peak Shaving: BESS stores energy during off-peak hours when electricity is cheaper and discharges it during peak demand periods to reduce the power drawn from the grid, lowering energy costs and minimizing expensive peak-time electricity purchases.
- Grid Stability and Resilience: By smoothing out fluctuations in electricity demand and supply, particularly with variable renewable energy sources, BESS improves grid stability and resilience. It serves as a buffer storing excess renewable energy and releasing it during high demand, helping to balance the grid.
- Deferring Infrastructure Upgrades: Using BESS to shave peaks can delay or reduce the need for costly grid infrastructure reinforcements such as new transmission lines or peaker plants, resulting in capital expenditure savings for utilities.
- Backup Power and Reliability: BESS can provide backup power during outages, supporting both individual consumers and the wider community. This enhances reliability and continuity of service during critical peak demand periods or emergencies.
- Support for Renewable Integration and Energy Efficiency: By increasing self-consumption of embedded renewables and optimizing power consumption, BESS contributes to higher energy efficiency and enables greater integration of renewable energy into the grid.
- Participation in Demand Response Programs: Behind-the-meter battery storage systems allow consumers to participate in demand response, providing flexibility to utilities to manage peak loads through aggregated distributed energy resources.
In summary, BESS helps lower peak demand charges, enhances grid reliability and stability, supports renewable energy uptake, and defers costly infrastructure investments, making it a key technology for effective peak load management.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-main-benefits-of-using-bess-for-peak-load-management/
