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Electricity storage systems are an essential component of the energy transition, playing a particularly crucial role for companies seeking sustainable and efficient energy solutions. They are vital in the quest for an environmentally friendly and efficient energy supply. In our latest blog series, we explore the key advantages of modern battery storage for businesses. From cost savings to environmental friendliness, discover how this innovative technology is transforming the way businesses use energy.
Here are the key benefits:
Every company is familiar with peak load times – moments when electricity consumption is particularly high. These peak loads can cause considerable costs. By using battery storage, however, companies can “cap” precisely these peak loads and draw the electricity demand from the storage system instead of drawing expensive electricity from the grid. By using battery storage systems, companies have the opportunity to reduce this peak consumption by drawing the required electricity from the storage system. This allows them to avoid expensive grid power purchases and significantly reduce their overall costs.
Self-consumption optimisation is a significant added value of battery storage, especially for companies that have already invested in renewable energy sources, such as solar panels. By storing the electricity generated, companies can further increase their energy independence from the grid. The stored electricity can be used at a later date when demand in the company is high. This not only reduces dependence on external electricity suppliers, but also increases cost savings.
In the event of a power outage, a battery storage system is suitable for ensuring an emergency power supply to maintain operations and prevent potential production losses. In contrast to an uninterruptible power supply, with an emergency power supply there is a short delay between the main power supply failing and the battery storage taking over.
At a time when the shortage of skilled workers is becoming noticeable in many industries, qualified employees are looking for companies that see innovation and sustainability as core values. Implementing a battery storage system not only signals a strong commitment to the environment, but also a commitment to state-of-the-art technology.
Subsidies can significantly reduce your acquisition costs and accelerate your return on investment (ROI). The availability of subsidies for battery storage can vary by country and region. Here are some possible types of subsidies that may be offered in some countries:
KfW subsidy programs: In Germany, the Kreditanstalt für Wiederaufbau (KfW) offers various subsidy programs that support the purchase of battery storage in connection with renewable energy systems.
Investment grants: Some countries offer direct subsidies or financial incentives for the installation of battery storage systems in connection with renewable energy systems.
Grid and system services: In some cases, grid operators may offer incentives for the deployment of battery storage to improve grid stability and support the integration of renewable energy.
Tax incentives: In some countries, tax benefits or tax relief can be granted for the purchase of battery storage systems.
Regional support programs: Depending on the federal state or region, additional funding opportunities may be available for battery storage systems.
EU funding programs: In some cases, there are subsidies or grants available at European level in the field of renewable energies and energy storage.
The fundamental role of battery storage systems in paving the way for the energy transition cannot be overlooked. For your business, they are proving invaluable: especially for companies striving for innovative and sustainable energy solutions, modern battery storage systems offer an impressive range of key benefits.
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