Nowadays, energy storage systems has become fundamentally essential, especially for those structures away from the main power grid. Energy storage has a lot of benefits,like economic saving and environment friendly since they use clean, natural sources such as wind and sun.Also they can response rapidly, providing energy much faster than any fossil fuel.
Residential And Commercial Energy Storage
Residential and commercial energy storage is maybe one of the best ways for saving money on your electricity bill. Private customers can rely on the battery storage system to provide all electrical energy for self-consumption: the device can provide home energy independence using renewable sources and reduce electricity bills for homeowners. At home, it would be possible to choose to feed the electrical grid with renewable energy or store the power for your own consumption at a later point in time.
Business customers use energy storage to solve peak demand on the power grid: when demand exceeds supply, devices release stored energy avoiding an imbalance on the grid. Every situation requires different storage technologies, even though solar battery storage seems to be one of the most popular system both at home and in the commercial world.
Energy Storage Opportunities And Challenges
Energy storage is one of the best possible solutions for integrating renewable sources into the electricity production system. A battery storage system can supply energy both to large electrical grids and residential or commercial customers. Energy storage also allows us to bring electricity to where te power grid can’t be used, thus opening up new horizons in the industry.
But there are still many challenges ahead. The first obstacle to overcome is the high cost of the system. Although there are low-cost storage technologies, management costs are higher than any other system. Even international markets are doubtful about investing in energy storage, because there is a lot of mistrust about the actual potential of this system. The lack of laws regulating energy storage systems is another obstacle to their large scale deployment. Perhaps this is an indication that our markets are still not ready to accept power storage, despite the fact that the research has come a long way.
Lithium Ion Battery For Solar Energy Storage
With the prospect of energy storage systems, the batteries have now become the main protagonist of this green system, especially when we talk about solar energy storage. In spite of the progress achieved, batteries still fail to ensure a reliable, lasting energy independence. All types of system usually begin to suffer a decline with age and usage, but research is now developing experimental batteries to ensure better performance of energy storage.
Right now the lithium-ion battery is the best solution for solar energy storage because it has a particular mode of operation that allows us to maximize the use of the stored energy. It has not only a long life but also a good efficiency, and it’s less costly than toxic lead acid battery. Lithium-ion batteries reduce the environmental impact, making it a truly “green” solution.
Future Of Energy Storage
As we have already said, the future of energy storage is still be clearly defined. Battery storage systems save on the use of electricity, safeguarding the environment and ensuring the right supply to the power grid. Maybe it’s not easy to bring the system to market on a large scale without the help of private or public funding, but there are also smaller, lower cost storage technologies, available on the market, that are enabling an increase in power storage to begin to take place in many parts of the world. The international markets are not ready to welcome this innovation, especially because there are no many laws regulating the accumulation of energy and its consequent use. At the same time, there are a lot of states that are opening up their energy storage policies focusing mainly on the use of renewable sources.
In the future power storage will become an essential part of the way that we produce and store clean energy, leading to a highly developed and mature global sustainable energy industry.