19 Jun '17, 9am

How hybrid energy storage aids corporate sustainability

The market for commercial and industrial (C&I) energy storage has experienced rapid growth as a result of numerous market developments in the past several years. Across the entire energy storage industry, decreasing prices for batteries and other system components have helped make energy storage systems an economical solution for more customers, including building owners and managers. These systems have a unique ability to provide value for both host customers and grid operators. Traditional benefits An important factor supporting the C&I energy storage market is that storage fits seamlessly into building energy management and energy efficiency/service contracts that many companies already have in place. It provides a non-disruptive way to reduce electricity expenses by enabling participation in demand response programs by simply switching on the storage device, as opposed...

Full article: https://www.greenbiz.com/article/how-hybrid-energy-storag...

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