Energy storage solutions for utility industry - Energy - Energy Utilities
Grid-scale energy storage will transform the way we produce, deliver, and consume electricity. With storage, utilities can rely on a cleaner, more efficient energy mix while deferring costly infrastructure upgrades. Storage provides utilities with a triple play value proposition: infrastructure upgrade deferral, energy arbitrage, and locational capacity.
- Infrastructure Upgrade Deferral
By shaving peak load and alleviating congestion, storage eliminates the need for expensive upgrades to transmission and distribution networks–saving money for utilities and consumers. Storage can be deployed quickly and in modular increments, a welcome relief to the multi-year approval cycles for infrastructure upgrades based on unknowable forecasts.
- Energy Arbitrage
Storing inexpensive electricity produced at night for use during peak hours of the day allows utilities to displace expensive, gas-fired peaking generation—reducing costs and emissions.
- Locational Capacity
Long-duration energy storage can provide clean, cost-effective, and easy-to-deploy generation capacity in load centers where it’s needed most.