Using renewable energy sources can reduce your dependence on the lectrical grid. But predicting the
ebb and flow of available power can make it
hard to budget for electricity costs.
If your building is on target for net zero
energy status, that calculation is all the
more important because a day that’s hotter
or colder than expected can drive up your
Many new renewable energy installations
incorporate energy storage systems from
the start for this exact reason.
Energy storage systems can help with the
production vs. consumption hurdle by storing energy in a battery, flywheel or other
technology. That’s better than releasing it
during peak consumption hours or when
less grid electricity is available.
There are four key value drivers behind
the decision to invest in energy storage,
explains Dan Svejnar, vice president and
head of commercial for North America for
■ Sustainability angle
"It’s about understanding which one of
those buckets you fit into,” he notes.