Keep the power on: Battery energy storage systems are a valuable investment

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SPONSORED | Solar power and battery energy storage systems are great options for your business’s future energy mix, says Absa

Solar power and battery energy storage systems are great options for your business’s future energy mix, says AbsaTeam solar power with battery energy storage systems for a reliable and cost-saving energy supply for your business.Eskom’s ageing fleet of power stations has plagued the power utility and the country for years.

Figure 1: The increase in the number of load-shedding days since 2018. Source: Absa RBB Sectors. Picture: SUPPLIED/ABSA WATCH | How a local business was able to mitigate the risks of load-shedding, unplanned power outages and increasing electricity costs with a renewable energy mix of solar PV and BESS.

The type of BESS application needs to be aligned with the right BESS technology to maximise value for business owners.Increased PV energy self-consumption As shown in figure 3, shaving this peak — through businesses discharging their energy stored in batteries to supply their peak needs — can be beneficial to both the power utility and the end customer .Arbitrage

 

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