Energy Manager magazine October 2021

Page 42

ENERGY STORAGE

FOUR REASONS WHY THE TIME IS RIGHT TO INSTALL BATTERY ENERGY STORAGE Dan Connor, Head of Optimisation & Battery at Centrica Business Solutions, explains why now is the perfect time for public sector organisations to install battery energy storage as a cost effective route to net zero. 42

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ith resources and budgets tightly stretched, it’s harder than ever for public sector organisations to deliver on their sustainability goals, while also minimising energy costs and securing power resilience for essential services. But battery storage can provide a real win-win sustainable energy opportunity. This is especially attractive for organisations who have already exhausted the obvious energy efficiency options and are ready to take things to the next stage. In fact, there’s never been a better time to exploit the benefits of batteries

ENERGY MANAGER MAGAZINE • OCTOBER 2021

Battery energy storage is critical to supporting the transition to netzero. It is a clean, green and costeffective method – enabling greater penetration of variable renewables by maintaining grid stability. With rapid growth in wind and solar output, a shortfall of energy storage, sharply falling battery costs and the growing value of revenues from flexibility markets – battery storage is a sound investment. Furthermore, projects can be de-risked with some offtake structures giving a degree of revenue certainty to mitigate downside. For cash strapped public bodies, it’s even possible to deliver integrated onsite generation and battery storage


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