The Next Energy Frontier: Power Efficiency

For much of the past four decades, energy efficiency has been the focus of electricity cost-saving initiatives. We have changed light bulbs, swapped out old appliances, insulated our buildings, and added solar systems. The efficiency gains have slowed, however, and the next savings frontier will come from power efficiency. Through a combination of distributed energy storage and sophisticated software, our society can control power more efficiently and increase utilization of trillions of dollars of grid assets already in place. Intelligent energy storage can reduce the stress on our electric grid while helping businesses save money on their monthly electric bills.

Energy Storage: Supporting Your Sustainability Efforts

Cutting carbon emissions while cutting costs can be a daunting organizational challenge. Energy storage is a versatile tool that can help achieve that goal, allowing you to support several sustainability efforts at once while also enhancing operations and improving your bottom line.

The Benefits of Solar + Storage for Commercial and Public Buildings

Both solar PV and Battery Energy Storage Systems (BESS) alone can provide savings to public sector and C&I building owners. For example, a solar PV system can produce energy for use onsite at a per-kWh rate that is lower than the local utility rate, while a BESS can deliver tariff-specific demand charge savings. To date, most of these types of systems have been deployed separately. However, when the two technologies are paired together, the potential savings and return on investment can be much greater than each on a standalone basis. A combined solar + storage system can firm and smooth the energy used onsite, reducing demand charge risk due to solar intermittency, and results in more reliable reduction of energy and demand charge-related electricity expenses. Additionally, a combined solution can enhance the resilience of a building’s power supply, a key consideration for critical facilities in the face of increasingly common power outages in some areas. The advantages of solar + storage systems are expected to increase as the electrical grid decentralizes over the coming years and as new opportunities emerge for flexible distributed energy systems to participate in grid operations.