For more than a decade, electrical grids were built on the assumption that generated electricity needs to be distributed and used right away because storing energy wasn’t feasible economically. Needless to say, opinions about power generation have changed drastically over the last few years.
As renewable energy generation becomes more popular globally, its supply inconsistency and variability is starting to affect the electrical systems and energy storage is becoming a fundamental element. Energy storage can help to even out dips and spikes in solar resource availability by making it available at the time of peak demand and not only when generated.
There isn’t a clear threshold level of solar energy supply to keep it constant but typically, grid system operators start investing in back up storage when 15% of their overall supply is generated through solar or other renewable energy sources.
In the last 10 years, battery backup manufacturers have been adamant to perfect energy storage technology. The main goal is to make it more robust to harsh environments, extend its lifespan, evolve management systems and to make it more affordable.
Nupower expects the energy storage technology industry to grow exponentially in the next few years. We are confident that big things are coming and we have lofty goals for formulating new markets for clean energy.
Choose Nupower for your PV System installation
While going completely off-grid might be out of our reach at the moment, there are enough solar solutions to help lighten the load on the current electrical grid. These solutions will enable you to save a substantial amount of money in the long run while decreasing your carbon footprint significantly.
For more information about our products and services or to find out how we can help you take the leap into solar power, speak to the team at Nupower today!