Battery Energy Storage Solutions for Businesses
Power outages and rising energy costs are the main reasons people feel reluctant in starting their businesses. You need reliable, cost-effective energy to keep running smoothly. Without it, operational costs increase, and work gets affected. Energy management is now a big challenge for companies worldwide.
Battery energy storage solutions can help. The UK Government conducted research on battery storage solutions and other relevant technologies. They found that these solutions will help them cut their energy costs by approximately￡40 billion in 2025.
Need more information about this? Read our blog to understand how battery storage solutions for businesses can keep their operations efficient and stable.
How Battery Storage Solutions Make Business Energy Management Easier?
Here’s how battery storage solutions make business energy management easier:
Energy Monitoring and Optimization
When you use a battery energy storage solution, you can also monitor your energy usage. This way you can optimize energy consumption and identify inefficiencies. You can make adjustments to improve overall energy management such as making plans to use energy more strategically.
Grid Stabilization
Grid stabilization is a big challenge as all businesses are turning to sources like solar. Energy inputs differ so grid operators fail to balance supply and demand simultaneously. Battery energy storage will store energy and release it when required. It will balance the grid and ensure that your business doesn’t have to suffer due to fluctuating energy inputs.
Load Shifting
Business owners can charge their batteries during the night when energy rates are low. During the peak hours they can use that stored power and avoid higher costs. However, the real benefit is that they can maintain the same level of energy use during working hours.
Why Must Businesses Adopt Battery Storage Solutions?
Here are the reasons businesses must adopt battery storage solutions:
Cost Savings
Purchasing and setting up a battery storage solution requires a huge investment. Your business can store energy when costs are low so you can enjoy long-term benefits. A business using a battery storage solution will have to pay less energy bills. You can use these solutions for 20-30 years because the commercial ones work till 8,000 recharging cycles.
Environmental Benefits
When businesses will use clean energy, they won’t need fossil fuels that will lower your carbon footprint. Being a responsible citizen it is also compulsory for you to play your part in saving the environment. Several governments offer incentives to such businesses such as the Climate Change Levy in the UK.
Improve Operational Efficiency
Battery energy storage solutions will help your employees to maximize their productivity and fulfill your businesses yearly goals. As a business owner you can focus more on designing new strategies instead of panicking about unstable power sources. Innotinum’s all-in-one energy storage systems are the perfect solution for your business. You’ll get a battery storage system and inverter in one efficient package which simplifies energy management.
Major Businesses Using Battery Storage Solutions
Some of the world’s major businesses have started utilizing battery storage solutions. They’re as follows:
Apple
Apple, one of the biggest consumer electronics companies, uses batteries to store solar energy. Then they use that energy to power their data centers. This way they have power during the day and also reduce carbon emissions. Using battery storage systems helps them fulfill their aim of becoming carbon neutral by 2030.
Google’s data centers are using battery storage systems to balance energy loads. They store energy in advance from renewable sources like solar and wind so their data centers have power without any interruptions. It also helps Google fulfill its long-term commitment to operating carbon free by 2030.
Tesla
Tesla is a leader in large-scale battery storage projects. They have Hornsdale Power Reserve in South Australia that is also one of the largest lithium-ion battery installations worldwide. This bigger project has stabilized the grid, supports renewable energy integrations, and reduces reliance on fossil fuels. Apart from balancing the grid, Tesla’s battery solutions have helped balance energy demands and enabled energy providers to minimize costs.
Amazon
Amazon designed their sustainability strategy to lower its carbon footprint and manage energy effectively. The largest online retailer stores renewable energy using solar panels and they have power even during peak consumption times. These storage solutions enable Amazon to run on 100% renewable energy by 2025. It is not only beneficial for the environment but is also cost-effective.
Conclusion: Why Do Businesses Need Battery Energy Storage Solutions?
Businesses must adopt battery energy storage solutions to save money, improve operational efficiency, and reduce carbon emission. Follow in the footsteps of the major businesses and get the best battery storage solutions for your business.
Innotinum's premium products make energy management easier for businesses. We design our systems to work well with renewable energy sources according to your business's specific needs. Choose us and you’ll have the power whenever you need it. Explore the best energy options on Innotinum’s website and reduce energy costs.
FAQs
How Battery Energy Storage Reduces Energy Costs for Businesses?
Businesses can do this by storing power during off-peak hours when rates are lower. Afterwards, businesses can use that energy during peak times when rates are high.
What Long Battery Energy Storage Systems Last?
The lifespan of battery energy storage systems depends on their type and how often you use them. Generally, batteries last longer with fewer charge and discharge cycles. Many companies offer warranties that tell how approximately they’ll last.
Can I Install a Battery Energy Storage System Myself?
Yes, you can, but you shouldn't. Proper installation ensures safety and a professional can install it according to the requirements. You can read the instructions to set it up but you might fail to follow them accurately. Thus, getting a professional that has the expertise to handle the system's complexities and local regulations is a good strategy.