How to use energy storage inverter to reduce peak load and fill valley load

Can a company provide supplemental power to avoid peak loads?

For some industries, and their production’s proper functioning, changing the load profile can be difficult. However, a company can provide its own supplemental power to avoid peak loads.Additional power could come from alternative sources such as an energy storage system, gensets, and/or power plant.

How does energy storage facilitate peak shaving and load shifting?

Energy storage can facilitate both peak shaving and load shifting. For example, a battery energy storage system (BESS) can store energy generated throughout off-peak times and then discharge it during peak times, aiding in both peak shaving (by supplying stored energy at peak periods) and load shifting (by charging at off-peak periods).

How can we reduce power usage from the grid?

Reducing power usage from the grid is possible by either scaling down on power usage (through lower production), using stored energy from a battery, or activating a non-grid power generation source on site. Essentially, this shaves off the top of the power demand curve, hence the term peak shaving.

Should you use battery energy storage for peak shaving?

The potential for cost savings when utilizing battery energy storage systems for peak shaving is significant. Considerable savings are even further evident for high-power demand loads like DC fast electric vehicle charging stations. The rapid increase in power demand while charging an EV can strain a local grid.

What is user-side energy storage?

The configuration of user-side energy storage can effectively alleviate the timing mismatch between distributed photovoltaic output and load power demand, and use the industrial user electricity price mechanism to earn revenue from peak shaving and valley filling.

How can energy storage reduce demand charges?

High Demand Charges: Commercial and industrial electricity customers often face demand charges based on their highest power consumption rate during any interval (typically 15 minutes) within a billing period. Utilizing energy storage to decrease these peaks can dramatically lower demand charges.