Powering Large Complexes: Benefits Emerge As Battery Costs Decline
Large commercial and industrial complexes are increasingly showing more interest in how power is consumed at their facilities, and how they can more efficiently manage their utility costs. These companies are discovering many options that have only recently opened up due to new technologies and decreasing system costs.
“We’re seeing companies take more of their energy destiny into their own hands by the use of self-generation, rooftop solar, microgrids and battery storage,” said Rick Azer, Associate Vice President of Development for Black & Veatch’s Smart Integrated Infrastructure business. “Commercial and industrial facilities are spending more time understanding the patterns of their electrical usage, trying to become more efficient and more aware of how their usage directly impacts utility costs and fees.”
This hunger for new technologies and energy options is leading to a transformation on how energy flows to users and vice versa, and is part of the growing smart cities movement. Azer said the biggest change is coming from the stationary energy storage market designed for use at large offices and industrial complexes.
“Batteries are playing an increasingly important role to help offset intermittency of renewables and to provide energy storage for time-of-use pricing structures.”
Rick Azer, Associate Vice President of Development for Black & Veatch’s Smart Integrated Infrastructure business