Why Energy Storage is the Next Technology You Should Be Investing in!


Why Energy Storage is the Next Technology You Should Be Investing in!

Businesses or homeowners looking to install renewable energy systems such as solar PV or other technologies now have the option of combining these property upgrades with energy storage to maximise their savings and benefits. This works by storing any excess FREE electricity produced by the renewable system to use at a later time as and when it is needed.

With Battery Storage bursting onto the scene, the decision businesses and homeowners take may be critical to the future growth of renewable energy.

Energy storage has the huge potential to disrupt the entire energy market. This is due to the fact that they are a key enabler of the renewable energy revolution as they fill the gap between renewable power generation and electricity demand.

Energy storage is continuously improving and costs are falling rapidly which makes the pro-renewables case better every day for homeowners and businesses when deciding whether it is worth investing, particularly in the UK and Europe

WHY CHOOSE ENERGY STORAGE?

However, even with all the buzz surrounding this technology, you must still be wondering why you should be investing in Energy Storage. Which is why we have listed the top reasons for why this technology is the future below:

REACH ENERGY TARGETS

If we are to meet our set climate targets it is clear that we must push forward with the energy transition from fossil fuels to renewables. Wind and solar energy sources are great and increasingly cost competitive but they come with the problem of intermittency. However, with energy storage, electricity can be stored when its produced and used, later on, meaning this technology fills the gap between when the sun is out and when we need electricity in the evening.

MEET DEMAND

Even without intermittent renewables, energy storage helps by matching demand with power generation over different time spans. For example, energy storage can smooth out the inevitable surges in consumption, delivering cost savings to operators by reducing the need for grid upgrades or for peak time electricity generation. So when you are in need of electricity and your renewable energy sources are unable to provide you with power, there comes a growing need for critical flexibility within the electricity network, which is where energy storage comes in.

COST EFFECTIVE

It is easy to see how smoothing out demand or storing electrical energy generated by solar panels can create value for both suppliers, as well as homeowners and businesses. However, this works only if batteries are fit for purpose and cost-effective.

Which is where the good news comes in because since 2010 the cost of Energy Storage has more than halved and experts forecast that this will halve again by 2025. This gives Energy Storage a boost in terms of being a good area to invest in as it makes it more appealing to store your energy for later use.

It comes therefore as no surprise that we are seeing a very strong growth in energy storage investments and projects this year and is a market that will see massive growth in the year ahead.

WE SUPPLY ENERGY STORAGE

Here at Ecolution, we are huge supporters of Energy Storage and we have been installing these systems for a number of our clients nationwide. Being one of the UK’s largest and longest standing renewable energy experts means we have the expertise and knowledge to install and maintain Battery Storage systems for you.

So if your interest has been captured and you want to upgrade your existing renewable systems by combining it with Energy Storage or want a complete energy solution from scratch or just a stand along Battery Storage system get in touch with our team today for more information and a FREE personalised quotation.

Businesses or homeowners looking to install renewable energy systems such as solar PV or other technologies now have the option of combining these property upgrades with energy storage to maximise their savings and benefits. This works by storing any excess FREE electricity produced by the renewable system to use at a later time as and when it is needed.

With Battery Storage bursting onto the scene, the decision businesses and homeowners take may be critical to the future growth of renewable energy.

Energy storage has the huge potential to disrupt the entire energy market. This is due to the fact that they are a key enabler of the renewable energy revolution as they fill the gap between renewable power generation and electricity demand.

Energy storage is continuously improving and costs are falling rapidly which makes the pro-renewables case better every day for homeowners and businesses when deciding whether it is worth investing, particularly in the UK and Europe

WHY CHOOSE ENERGY STORAGE?

However, even with all the buzz surrounding this technology, you must still be wondering why you should be investing in Energy Storage. Which is why we have listed the top reasons for why this technology is the future below:

REACH ENERGY TARGETS

If we are to meet our set climate targets it is clear that we must push forward with the energy transition from fossil fuels to renewables. Wind and solar energy sources are great and increasingly cost competitive but they come with the problem of intermittency. However, with energy storage, electricity can be stored when its produced and used, later on, meaning this technology fills the gap between when the sun is out and when we need electricity in the evening.

MEET DEMAND

Even without intermittent renewables, energy storage helps by matching demand with power generation over different time spans. For example, energy storage can smooth out the inevitable surges in consumption, delivering cost savings to operators by reducing the need for grid upgrades or for peak time electricity generation. So when you are in need of electricity and your renewable energy sources are unable to provide you with power, there comes a growing need for critical flexibility within the electricity network, which is where energy storage comes in.

COST EFFECTIVE

It is easy to see how smoothing out demand or storing electrical energy generated by solar panels can create value for both suppliers, as well as homeowners and businesses. However, this works only if batteries are fit for purpose and cost-effective.

Which is where the good news comes in because since 2010 the cost of Energy Storage has more than halved and experts forecast that this will halve again by 2025. This gives Energy Storage a boost in terms of being a good area to invest in as it makes it more appealing to store your energy for later use.

It comes therefore as no surprise that we are seeing a very strong growth in energy storage investments and projects this year and is a market that will see massive growth in the year ahead.

WE SUPPLY ENERGY STORAGE

Here at Ecolution, we are huge supporters of Energy Storage and we have been installing these systems for a number of our clients nationwide. Being one of the UK’s largest and longest standing renewable energy experts means we have the expertise and knowledge to install and maintain Battery Storage systems for you.

So if your interest has been captured and you want to upgrade your existing renewable systems by combining it with Energy Storage or want a complete energy solution from scratch or just a stand along Battery Storage system get in touch with our team today for more information and a FREE personalised quotation.

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