Applications
Energy storage has a large number of applications in the optimization of energy use
Applications of energy storage
At its simplest, an energy storage is a device that can store and release a large amount of electrical energy and respond to control requests at the millisecond level. It is suitable for all applications that benefit from the above feature… and there are many of them!
Combined with a high-quality control and energy management systems, the energy storage has a large number of applications in the optimization of energy use in commercial buildings and industrial sites, in support of the electricity grid and critical infrastructure, as well as in enabling the optimal use of renewable energy sources.
Commercial & industrial applications
In the C&I environment, energy storage services allow the property or industrial building to have optimal electrical energy management and energy prices.
An energy storage system can optimize renewable energy production on a property-specific basis and take advantage of fluctuations in the price of electricity.
With the energy storage, properties or industrial production plants can also participate in the network frequency reserve market, using a virtual power plant service, for example.
- Peak shaving Reduce your energy costs by limiting power demand peaks
- Energy Arbitrage The property can take advantage of the hourly fluctuations in the price of electricity and store energy at the cheapest price and sell it back or use it during the most expensive hour of the day.
- Load shifting Shift your energy consumption to off peak time hours
- Maximization of self-consumption Maximize the consumption of the renewable production
- Backup power Supports the internal distribution of electricity in the event of a power failure
- Grid flexibility services The property can generate revenue by participating frequency reserve market
Mobile Energy Storages
Portability offers completely new opportunities for the utilization of energy storage systems. Energy storage can be used temporarily during repairs or construction work on the electricity network or, for example, to enable emission-free construction activities.
- Peak shaving Energy storage can be utilized like a diesel generator to balance high-power electrical loads on construction sites or in infrastructure construction, for example
- Island Mode In the event of faults or repairs to the electrical network, the energy storage operates in island mode temporarily feeding electricity into the network.
- Portable EV charging The combination of an energy storage system and portable EV charging units enables portable EV charging infrastructure in places where fixed charging infrastructure is not possible or feasible to build.
Utility services
Energy storages are a valuable asset for the electrical grid. They can provide benefits and services such as load management, power quality and uninterruptable power supply to increase efficiency and supply security. This becomes more and more important considering the ongoing energy transition and the need for a more efficient and sustainable energy system.
- Grid flexibility services The energy storage operator can be an important asset for DSOs by supporting the operation of the electricity network, and generate revenue for themselves by participating in the frequency reserve market.
- Smoothing the power generation of renewables The energy storage balances the momentary fluctuations in the energy production of renewable sources (such as solar electricity) and stabilizes the load on the grid.
- Time Shifting of renewables Production of large grid-scale solar power plants is highest during the day hours – consumption is highest in the evening. An energy storage can transfer a large amount of energy from the time it is produced to the time when it is most needed.
