The continuous adjustment of the global energy structure and innovation in the power market have allowed industrial and commercial energy storage to gradually come into view and become a right-hand man for enterprises to optimize energy utilization and promote green development. Today, let’s take a closer look at this promising area of investment.
1. What is commercial energy storage?
Put simply, commercial and Industrial Energy Storage involves installing such equipment in the factory or inside the commercial building to allow for the optimum configuration of electrical use. This will greatly help not only in reducing business electricity costs but also enable energy efficiency with stable power supply, one of the crucial steps toward enterprise sustainability.
2. Choosing an investment model: Find the one that works best for you
In the face of different financial conditions and risk tolerance, industrial and commercial energy storage provides a variety of flexible investment methods:
Self-invest mode: it’s the direct investment independently by those enterprises that have sufficient funds in the construction of energy storage systems. Though the initial investment is large, it can be repaid quickly through saving of electricity and taking other energy-saving measures in the long term.
Contract Energy Management EPC Model : Other than having to bear this project directly, you may choose another convenient one: partnership. In that model, construction and operating of an Energy Storage system belongs to a professional company that you should only share parts with the income derived from savings hence considerably minimizing an investment threshold and risk as well.
Financial leasing model : In cooperation with the leasing company, the enterprise shares the rent in installments to use energy storage equipment and can choose to buy it after the expiration. This approach reduces cash flow pressure and transfers the risk of equipment ownership.
3. Diversification of revenue channels: from throttling to open source
It’s such industrial and commercial energy storage that saves resources and, at the same time, allows for more value to be created. To name a few,
Peak valley arbitrage: use the difference in electric prices smartly, electrify in the trough, and let peak be utilized with ease.
Photovoltaic storage: co-op with photovoltaic generation to increase the self-used ratio, so eventually clean energy could be allowed to do the talking.
Demand management: Intelligently control the peak use of electricity, reduce basic electricity costs, lighten the burden on the wallet.
Emergency backup power : Acting as a backup power supply, in case of a power outage, will not shut down production and enhance anti-risk capability for the enterprise.
Dynamic capacity expansion : Flexibly respond to high load demand, avoid transformer overload, and ensure safety in power supply.
demand-side response : Actively participate in power grid dispatching, obtain additional income according to changes in supply and demand, and achieve a win-win situation.
4. Which companies benefit the most?
Not all enterprises are suitable for deploying energy storage systems, but the following categories of companies will benefit the most:
Large energy-consuming enterprises: including but not limited to manufacturing and data centers, they can reduce energy costs effectively by storing energy.
Enterprises sensitive to power quality: For instance, in electronic manufacturing and medical equipment, among others, a stable power supply is vital.
New energy generation users : such as companies with photovoltaic power plants or wind farms, energy storage can better integrate renewable energy.
Companies pursuing low-carbon goals : For those companies committed to carbon neutrality or energy conservation and emission reduction, energy storage is an effective tool to achieve this goal.
High frequency operation enterprises : An enterprise that can run over 300 days every year will be able to recover investment cost much sooner.
5. Construction process of energy storage power station: step by step
To successfully construct an energy storage plant, one must take a series of rigid processes;
- Feasibility assessment: First of all, judge the technical feasibility and economic rationality of the project.
- Approval Procedure: Complete the filing and approval of administration for legal compliance.
- Scheme of Design : Draw up in detail an engineering design and technical scheme so as to provide a basis for subsequent construction.
- Signing Agreement : Clearly define all the responsibilities of the parties to make sure the project proceeds smoothly.
- Site construction : Equipment installation and construction should be installed and built in accordance with the requirements of the design to ensure the quality of the project.
- Debugging test: comprehensively debugging an energy storage system, ensuring stable and reliable work performance.
- Grid connection acceptance : successfully dock with the power grid, and through the last acceptance, be ready for formal use.
- Operation and Maintenance Management: Regularly inspect and maintain the energy storage equipment to ensure the system operates with the best effect.
Industrial and commercial energy storage is an investment not only in effectively solving the current energy problem but also in the future sustainable development of enterprises. Therefore, under the conditions that an appropriate investment model is carefully chosen, strategies to maximize revenues are pursued, and construction processes are scientifically reasonable, enterprise activities not only can realize the maximization of economic benefit but also will be useful to contribute to social green power. Every step should be thought out with care in its implementation.