Battery Energy Storage Systems: smart savings while maximizing energy independence
2024-09-18 08:08
Growing interest to BESS
Inflation and economic instability in recent years have increased household costs quite significantly. Under the new conditions of energy consumption, people are looking for new technical and economic solutions to help them reduce costs and provide opportunities for additional income. One of the options is the BESS energy storage system.
Interest in energy storage systems is growing worldwide. According to www.solarpowereurope.org the demand in Europe till 2023 grew dramatically. And in the near future the demand looks promising.
Discovering Battery Energy Storage System
Battery Energy Storage System is a set of devices to store and distribute energy in the form of electricity.
An important role in BESS is played by the Energy Management System (EMS). EMS is a software that analyzes the situation at the site, as well as the current level of electricity prices and changes the modes of operation of the system in order to obtain the greatest economic effect.
The following facts prove the profitability of using BESS:
The estimated time of return on investment is from 2 to 5 years, depending on the mode of operation and specifics of the object
Savings on electricity costs reach 50%, and in some cases up to 70%.
BESS can give the greatest effect when working together with solar panels, but can also be considered as an independent solution that increases energy efficiency and independence of the household.
The energy can be not only green but also cost-effective!
For optimal energy usage and to save energy costs, just do the following: