To ensure that your business is operating as economically as possible, it’s important to consider all aspects of your power supply and whether these are operating efficiently. In particular, battery storage is worth considering and can help to both save your energy costs and move towards the use of renewable energy. But what is battery storage, and how can it help your organisation? We discuss the benefits of these systems and an optimised power infrastructure to support them below.
What Is Battery Storage?
Battery storage, or a battery storage energy system (BESS), is used to retain energy from a renewable energy source or your grid connection. These systems can then use that energy when it’s most needed, ensuring that you always have a constant supply.
While one of their clear benefits is supplying a reserve of energy to prevent downtime as a result of a malfunction, there are many others that make installing battery storage on your site an economical and forward-thinking investment.
How Does Battery Storage Save Money for a Business?
By using battery storage, you can save your business on energy costs significantly, alongside many other benefits. The advantages of using a battery storage system at your site include:
Reducing Peak Time Charges
Using power at peak times can be much more expensive in comparison to off-peak times. Battery storage takes full advantage of this, as you can store power that is generated in off-peak times to use when demand spikes, saving your business significantly on power costs.
Reserving Power for Outages
If you suffer an unexpected outage during the time you require electrical emergency response, you can continue to operate as a result of your battery storage. The surplus power the system will have stored can be incredibly useful when access to your main source of power is affected or lost, significantly reducing downtime costs.
Additional Revenue Streams
Switching to green energy and using battery storage presents several opportunities to both save and make money. As part of grid balancing programs such as the Smart Export Guarantee (SEG), your business could be paid for supplying stored energy back to the network to help the national grid maintain power during peak use. Under Demand Side Response (DSR), your business could also be paid to reduce or shift its energy use at peak times.
Adapting to Green Energy
Battery storage can be used for both renewable and non-renewable energy, though using renewable energy significantly reduces your carbon footprint and is better for the planet. Battery storage allows you to take full advantage of the benefits of renewable energy connections, helping your business to move closer to its sustainability goals and improving your reputation as an environmentally conscious company.
By storing the surplus renewable energy generated through solar panels or wind turbines, a battery storage system allows your site to be powered by green energy even when the sun isn’t shining or the wind has stopped blowing. This means that the problem of producing more power than you can use during the day is resolved, and you get the maximum return on your investment in renewable energy.
Efficient Electrical Infrastructure for Battery Storage
Battery storage is a worthwhile investment in your business’ power usage for the future. However, it’s just as important to have a reliable power infrastructure in place to ensure it operates efficiently:
- Renewable Energy Connections: To take full advantage of the benefits that a battery storage system provides and move closer to your sustainability goals, implementing renewable energy connections to your site is a worthwhile step.
- Substations: Ensure safe integration between your site, the distribution network, and your battery storage system with efficient substation installation, as carried out by our experienced engineers.
- Connection Upgrades: Your site may require higher-capacity electrical connections to handle the charging and discharging of large batteries. We offer electrical connection upgrades to meet these requirements and utilise your battery storage system to its full potential.
- Ongoing Maintenance: By taking preventive care of your electrical infrastructure with regular substation maintenance and transformer maintenance, you can minimise your site’s downtime, maintain compliance, and ensure your battery storage system continues to operate smoothly as a result.
Battery Storage System Installation with Serconnect
If you were wondering how battery storage saves money for a business, you now know all about the benefits a BESS could provide for your company and the importance of having reliable infrastructure to ensure its optimal performance.
As an accredited Independent Connection Provider, we can assist you with the installation of a battery storage system and help you take advantage of wind and solar power as part of our renewable energy connections.
If you’d like to incorporate battery storage into your site and would like to learn more about how we can assist you, get in touch with us today. Our team will be happy to help you get started on your project.
