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Energy Business Review | Wednesday, October 12, 2022
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Efficient solar energy storage can open up many possibilities for homeowners and businesses.
FREMONT, CA: Even the most passionate solar evangelists can agree on one restraint solar panels have: they merely generate electricity when the sun is glowing. However, peak energy employment tends to come in the evenings, coinciding with decreased solar generation and causing a supply and demand issue.
As a result, solar panels often pump out more than adequate energy during those lower demand hours when the sun is glowing to satisfy peak demand later in the day. This implies that efficient solar energy storage can open up many possibilities for homeowners and businesses.
Benefits of storing solar energy
Storing this surplus energy is important to get the most out of any solar panel system. It can result in cost savings, more efficient energy grids, and reduced fossil fuel emissions. Storing solar energy has a few main advantages:
1. Balancing electric loads.
If electricity isn’t saved, it has to be utilized at the moment it’s generated. Energy storage enables surplus generation to be banked for peak use. Until renewable energy is involved, storing surplus power enables the lights to stay on when the sun goes down or the wind stops blustering. In short, energy storage allows an energy reservoir to be charged when generation is high and demand is low, then released when generation decreases and demand grows.
2. Filling in the gaps.
Short-term solar energy storage permits consistent energy flow during brief disruptions in generators, like passing clouds or routine maintenance.
3. Energy resilience
The energy grid is vulnerable to interruptions and outages from wildfires to severe weather. Solar energy storage creates a defensive bubble during disruptive events by decentralizing where we get our energy from.
4. Savings from electric bills.
Live in a state with no solar net energy metering or policies that don’t fairly compensate you for the solar energy you generate. Battery storage can support lower utility bills while consuming more of your power. Hence, while you may not be compensated as much for surplus energy sent to the grid, any extra solar power generated and saved throughout the day can be released from a battery at night or on foggy days in the place of utility intake.
5. Reducing carbon footprint
With more command over the amount of solar energy you use, battery storage can reduce your property’s carbon footprint in fossil fuel-based utility power areas. Large solar batteries can also be utilized to help charge electric vehicles and turn any appliance in your home into a “solar-powered” device.
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