How Can Industrial and Commercial Energy Storage Reduce Electricity
Discover how industrial and commercial energy storage systems reduce electricity costs through peak shaving, valley filling, and advanced cost-saving strategies. Learn how
C&I energy storage projects in China mainly profit from peak-valley arbitrage while reducing demand charges by monitoring the inverters' power output in real time to prevent transformers of industrial parks from exceeding their capacity limits.
Peaking capacity represents a much larger potential market for energy storage. Peaking capacity historically has been provided by a combination of simple-cycle gas turbines, gas- and oil-fired steam plants, and reciprocating engines using gas or liquid fuels (FERC 2015).
Since July, as the country experienced peak electricity demand, more and more provinces have varied electricity charges for different seasons, expanding the peak-to-valley spread and fostering growth in the C&I energy storage sector.
Results of the assessment are as follows. As shown in the chart below, given a peak-to-valley spread as high as RMB 1.2/kWh, a C&I energy storage with one charge-discharge cycle a day in the five cities will need a payback period of eight to nine years.
PDF includes complete article with source references for printing and offline reading.
Download detailed specifications for our distributed PV energy storage systems and liquid cooled ESS containers.
Calle de la Energía 24
Madrid 28045, Spain
+34 911 224 722
Monday - Friday: 8:00 AM - 7:00 PM CET