It is essential to guaranteeing energy stability and reliability to families, communities and companies in the future.
Variable renewable energy resources form a challenge for both power generators and grid operators. While the first ideally seeks to provide power at peak times when the price is high, the latter needs to ensure grid stability.
Energy storage systems allow for greater control and flexibility of electricity usage, enabling energy created by renewables to be stored during periods of low demand or low cost to be utilised in periods of high demand or high cost.
An energy storage system can save cost and improves grid stability at the same time, smartly addressing the increasingly strict rules imposed by grid operators for ramp rates and forecasting, scheduling and dispatch.
There are many forms of energy storage such as:
Storing energy lowers electricity bills by enabling customers to use more of their renewable energy. Further savings are generated for customers by avoiding peak rate tariffs and by also storing cheap electricity from the grid with off-peak electricity tariffs.
Storing energy helps customers use more of their own renewable energy and reduces the UK’s dependence on coal-fired plants by shifting energy demand away from peak times.
A commercial scale energy storage system acts as a large scale UPS giving customers access to their stored energy during black outs.
With the exponential adoption of commercial and domestic energy storage products in the UK, our clients will be able to work with the National Grid to provide demand side services, including frequency response, which will help control peak energy fluctuations and help balance our national energy supply.