Cut Fuel Costs and Emissions with Energy Storage Solutions
Enhancing a power system’s renewable generation capacity isn’t the only strategy for cleaner electricity production. Research shows that integrating energy storage into fuel, dual-fuel, or gas power plants can decrease fuel consumption and emissions. By utilizing energy storage as spinning reserves, thermal generation can operate at higher loads, leading to improved fuel efficiency and reduced engine operating hours. Additionally, energy storage stabilizes the grid, offering greater value to customers. It also enables demand response flexibility, resulting in a faster return on investment (ROI) as operators can recover their initial investments more quickly, making their overall operations more profitable.
