Uploaded on Jun 13, 2022
There is a great focus on achieving a green world. Industries globally are absorbed in bringing down their carbon footprint by adopting renewable energy sources to generate electricity.
Battery Storage A Smart Solution to Renewable-Powered Future
https://ampenergyindia.com/
Battery Storage: A Smart
Solution to Renewable-Powered
Future
There is a great focus on achieving a green world. Industries globally are
absorbed in bringing down their carbon footprint by adopting renewable
energy sources to generate electricity. This coupled with the fall in the
price of utility-scale batteries is giving way to battery energy storage
systems as a smart solution to transition to a decarbonized world.
Battery energy storage systems are expected to play a key role in
powering a renewable future. Post the Paris agreement, governments
have enhanced their countries commitment to reduce carbon emissions
and renewable sources of energy became the focal point of their
strategy.
https://ampenergyindia.com/
India for instance has an aspirational renewable energy target of 500 GW by 2030
and expects 50% of the nation’s requirement to come from renewables. To swiftly
approach obligations such as these, the dependency on natural sources such as
solar and wind for lower-emission electricity production becomes unavoidable.
Battery energy storage systems offer a huge opportunity in this arena as they can
stabilize the demand and supply fluctuations, meet peak demand, reduce costs and
play a key role in integrating huge volumes of sporadic renewable energy.
How will battery energy storage systems achieve the green dream?
https://ampenergyindia.com/
Reliability by smoothing out
the intermittent supply of
renewable power
Battery energy storage systems ensure a steady supply of electricity. Wind and
solar have their unique drawbacks. They are intermittent resources – the sun does
not shine all day long and wind resources are not present in every region. This
brings about a need for frequency regulation in the grid.
When there is no sun or the wind pressure drops, adequate energy is not fed into
the grid, leading to instability as the demand is not met. Similarly, when the sun
and wind are present in abundance the limitation of the grid prevents it from
capitalizing on the excess. To ensure flexibility and balance the demand and supply
of power battery energy storage systems come into play. They do this by storing
excess when the production is high and offering the stored energy during peak
demands or when renewable production is low.
https://ampenergyindia.com/
Decreases Environmental
Impacts
Energy storage allows electricity to be saved for a time when it is needed the most. This brings
about grid efficiency and enables it to lessen greenhouse gas emissions. It offsets the need to
build peak power plants and conventional power generators that emit pollution. Since the energy
supply mix gets a higher volume of no-carbon resources, the overall adversity of environmental
impact goes down.
https://ampenergyindia.com/
Reduced costs
Battery energy storage systems’ costs are going down and they are emerging as a cost-effective
solution to successfully integrate a larger share of wind and solar renewables in the power systems
globally. Over the past seven years, the cost of lithium-ion batteries has fallen by around 80%
providing a huge potential for them to play a central role in energy markets. Battery energy storage
systems become an economically viable solution for C&I industries to draw power from during peak
demand slots, subject to the DISCOM regulations.
By integrating higher shares of renewable energy into the grid and storing the excess generation
battery energy storage systems bring about reliability and uninterrupted supply of power, thereby
transforming the entire energy sector. This dependable storage, cost effectiveness and flexibility
enhancement of the grid is deeming battery energy storage systems a serious component in the
long-term viability of a renewables powered future.
Renewable energy developers such as Amp Energy India play an important role in bringing about this
green shift. They possess the unique capability to straddle everything from solar rooftop
installation to battery energy storage systems through their C&I and utility scale renewable energy
projects, thereby acting as a one-stop shop for sustainable solutions.
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