Battery storage technologies are critical to accelerating the transition to renewable energy.
FREMONT, CA: In today's challenging business environment, it is critical for businesses of all sizes to cut operational costs while adhering to strict greenhouse gas (GHG) emission guidelines. Globally, there is a push to maximize the potential of renewable energy and dispersed assets to make industrial locations more sustainable and decarbonized.
Energy customers, producers, utilities, and grid operators attempt to manage their energy consumption, lower their electricity bills, and comply with regulatory requirements. To flourish, this sector needs effective solutions for managing energy storage assets and assisting in grid balancing as the share of renewable energy grows.
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Users can forecast and optimize their energy costs with the Battery Energy Storage System (BESS) platform. As the world converts to clean energy sources, battery storage will be critical for system stability.
The BESS system uses widely recognized energy management best practices, such as energy arbitrage and demand management. It is purpose-built to provide flexibility and control over when energy is purchased and consumed.
The BESS Platform enables automated and agile operations and optimizing energy storage capacity dispatch. The BESS batteries act as operating reserves, constantly assisting the grid in managing frequency changes by charging during off-peak periods and discharging when energy demand and costs increase. This strategy is also advantageous in generating new revenue streams through the trading of stored energy.
Consider having a platform accessible if a generator fails or goes down, hence reducing the need to bring additional non-renewable power generators online. A remote facility can continue to operate in this case because the platform runs in parallel with conventional generators. The system can restart the disconnected generator or activate backup generator sets before returning to standby mode, increasing grid stability and lowering supply costs.
Additionally, the BESS Platform can help minimize reliance on non-renewable energy sources such as gas turbines and diesel generators and their accompanying high gas consumption rates, resulting in a reduced carbon footprint.