Calculating the Payback of a Storage System With and Without Balancing

Energy storage systems are becoming increasingly important for businesses for several key reasons:

  1. Stability and reliability of energy supply
  2. Energy savings and cost optimization
  3. Integration with renewable energy sources
  4. Grid balancing, with the option to connect directly to the ESO or LITGRID network and generate revenue
  5. Environmental benefits and sustainability goals

Here are some practical examples and scenarios of how energy storage systems can be used:

  1. Storing energy during cheaper periods (with or without a solar power plant) and selling it when market prices peak.
  2. Providing balancing services to the electricity grid.
  3. Ensuring reliable energy supply for energy-intensive businesses (without balancing functionality).
  4. Group solutions – cooperative use by multiple consumers.

The specialists at the REEI platform will provide calculations and suggest the most suitable solution for you. By installing energy storage systems, you can not only save money but also earn additional income!