Exploring the Economic and Environmental Benefits of Battery Storage Solutions

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Grid stability is more important than ever. Extreme weather, high energy demand, cyber threats, and other factors have put stress on our electric grid, leaving it vulnerable to risks. Now is the time to seek a reliable and sustainable resource. 

Battery energy storage is designed to support the grid and make it more resilient as more renewable energy technologies continue to advance. Think of battery energy storage as a backup power source; it helps maintain our daily operations when there are issues with the grid.  

Protect the Environment, Protect Your Business 
 
Fossil fuels release a lot of carbon emissions into the environment and result in air pollution that damages our fragile ecosystem; from the plants to the water, all of this is impacted by overexposure to carbon emissions. Battery energy storage, on the other hand, reduces its effects by collecting and storing energy during off-peak hours for later use, thus flattening the demand curve.  
 
Decarbonizing the environment isn’t just for the bees—it benefits your business, too. Recent instances of natural gas supply disruptions during extreme weather events highlight the vulnerabilities of traditional energy infrastructure. Combining battery energy storage with other renewable energy solutions not only reduces your dependency on fossil fuels, but it enhances the resilience of your existing energy system while keeping the grid operational. Less carbon emissions, less air pollution, and less energy waste keep our buildings energy efficient and create a positive environmental impact.   

Financial Benefits of Battery Energy Storage 

A strong electric grid is what powers entire communities, including your business. According to the National Renewable Energy Laboratory’s Maintaining a Reliable Future Grid with More Wind and Solar fact sheet, “Energy storage is expected to play an increasing role in meeting peak demand as declining costs, incentives, and mandates have led to significant growth in storage and projections of accelerated growth in the future.”  

For businesses, high energy consumption translates to hefty utility bills. Adding distributed energy solutions as part of your energy portfolio will grant you significant cost savings now and in the future. Installing a Connected Microgrid ® solution on your property, at no cost to you, saves you the trouble of pricey upfront costs. When you combine the power of solar with battery energy storage, it spares you from costly, unexpected emergencies. Having a backup energy supply, whether as a standalone or with solar panels, creates more room in your budget by reducing your monthly utility charges.  

Storing your own power in exchange for a clean energy supply guarantees budget certainty and immediate cost savings. Catalyst Power will own and operate the battery for you, all you have to do is contact one of our Energy Experts to learn more.