Features
- Resiliency: Residential energy storage can provide backup power during disruptions, such as blackouts, storms, or grid failures. This can save consumers from costly inconveniences, such as losing food or medicines, and ensure uninterrupted power for essential devices, such as medical equipment or home security systems.
- Cost savings: Residential energy storage can reduce the electricity bill by storing low-cost energy during off-peak periods and using it during peak periods when rates are higher. This can also enable consumers to participate in demand response programs, where they can receive incentives for reducing or shifting their electricity consumption during times of grid stress.
- Renewable integration: Residential energy storage can smooth out the delivery of variable or intermittent renewable energy sources, such as solar or wind, by storing excess energy when generation is high and delivering it when generation is low. This can increase the self-consumption of renewable energy and reduce the reliance on fossil fuels.
- Grid benefits: Residential energy storage can support the grid by providing frequency regulation, voltage support, peak shaving, and congestion relief services. These services can improve the grid reliability, efficiency, and flexibility, as well as reduce greenhouse gas emissions and defer costly grid upgrades.
Applications
- Balance power load, improve grid power supply quality,
- Emergency backup power supply to ensure power supply
- Solar power storage to reduce electricity costs
- Energy saving and environmental protection, reducing energy consumption and carbon emissions
- Remotely monitor and control battery status and power