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Reasons for commercial and industrial use of energy storage systems

September 05, 2024
In the context of today's ever-changing energy landscape, the adoption of energy storage systems by industry and commerce is gradually becoming a trend. The main reasons for the adoption of energy storage systems by industry and commerce include the following five aspects:
 
1. Reduce energy costs
Industrial and commercial users usually face high energy costs, especially during peak hours, when electricity prices may rise sharply. Energy storage systems can store electricity when electricity prices are low, and then release it during peak hours to achieve peak-to-valley filling, thereby reducing the company's electricity costs. For industrial and commercial sites with electric vehicle chargers, energy storage systems can charge energy storage batteries during low-price periods such as nighttime, and then charge electric vehicles during the day, which can greatly reduce charging costs.
 
2. Improve energy reliability
Grid failures or power outages can cause huge losses to industry and commerce. Energy storage systems can serve as backup power sources to provide power to key equipment during power outages and ensure business continuity. For electric vehicle chargers, energy storage systems can ensure that electric vehicles can still charge normally when the grid fails, improving charging reliability.
 
3. Support the integration of renewable energy
More and more industrial and commercial users are beginning to adopt renewable energy sources such as solar and wind power. However, the output of these renewable energy sources is intermittent and unstable. Energy storage systems can store excess electricity generated by renewable energy and release it when needed to achieve smooth output of renewable energy. At the same time, energy storage systems can also provide electricity from renewable energy to electric vehicle chargers, promoting the application of renewable energy in the transportation field.
 
4. Meet the requirements of power demand response
Many regions have launched power demand response plans to encourage industrial and commercial users to reduce electricity consumption during peak load periods of the power grid or release electricity in energy storage systems during specific periods to balance the supply and demand of the power grid. Participating in these plans can bring economic benefits to enterprises. Energy storage systems can quickly respond to the needs of the power grid, provide support to the power grid when needed, and also provide guarantees for the stable operation of electric vehicle chargers.
 
5. Improve energy management efficiency
Energy storage systems can be integrated with the energy management system of enterprises to achieve intelligent management of energy. By monitoring and analyzing energy usage, enterprises can optimize energy configuration and improve energy utilization efficiency. In terms of electric vehicle chargers, energy storage systems can automatically adjust charging power and time according to the charging needs of the vehicle and the status of the power grid to achieve intelligent charging management.
 
By analyzing the reasons why industry and commerce adopt energy storage systems, it is concluded that energy storage systems can not only reduce costs and improve reliability, but also support the integration of renewable energy and meet electricity demand response requirements, providing strong support for the sustainable development of industry and commerce.
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Mr. CTT TECHNOLOGY (UK) LIMITED

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