— Energy Storage Solutions Applications and benefits
Energy shifting
Energy shifting involves storing electricity for use at a later, pre- specified time. Typically, these times are during periods of high demand on the grid. The stored energy is used to reduce the load on the grid while continuing to meet customer demands. In addition, energy shifting can be used to arbitrage electricity rates for C&I customers.
Benefits
- Facilitate integration of renewables - Leverage time of day generation pricing - Optimize electricity consumption to reduce electricity bill - Defer investment for grid upgrades - Provide power quality support
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