What are the Benefits of Energy Storage?

Electricity storage offers many benefits to both grid supply and demand balancers as well as those participating in demand response programs, including increasing power quality and reliability, meeting clean energy goals, and offsetting costs associated with demand response programs. Battery storage can even enhance renewable generation economics by enabling renewable generators to operate at higher loads during peak hours when electricity rates are at their highest point – something battery storage cannot do alone.

ESSs can also assist intermittent resources like wind and solar by storing electricity when sunlight or winds are available and discharging it later when both resources become less efficient or when one ceases production entirely. This helps optimize baseload efficiency by providing flexibility in their output balance.

ESSs also serve as backup power during short outages, mitigating costs associated with lost productivity, spoilt food and medicines and keeping people safe in their homes and businesses. Solar systems combined with energy storage are becoming increasingly common across homes and businesses alike, giving their owners access to the Federal Investment Tax Credit.