Energy Storage
Commercial & Industrial Battery Storage Systems
There has been huge progress in the development of storage batteries, resulting in increased performance and life expectancy at continually falling costs.
Battery storage systems work well in conjunction with renewable energy technologies such as solar, but they can also provide additional revenues, particularly in the commercial sector.
Potential revenue streams are:
- Time shifting to maximise self-consumption
- Time shifting for peak avoidance
- Grid balancing services such as firm or enhanced frequency response (FFR/EFR)
- Capacity Market
- Grid support e.g. Short-Term Operating Reserve (STOR)
New Build Housing, Battery Storage Systems
Residential battery systems are typically combined with solar PV systems, and allow the householder to increase self-consumption.
Surplus energy generated by a PV installation during the day when there is little demand can be used in the evening.