A new report prepared by Navigant for the U.S. Department of Energy’s Better Buildings Alliance program details the considerations surrounding on-site energy storage
Recent advances in energy storage are opening the door to wide-scale deployment in commercial buildings. With the ability to serve as both generation and load, energy storage can provide benefits to consumers and the grid as a whole; however, a variety of incentives, metering capabilities, and financing options exist for installing energy storage at a facility, all of which can influence the financial feasibility of a storage project. In addition, due to variations in weather profiles, load profiles, electric rates, and local regulations, energy storage is not suitable for all business types or all regions.
To help stakeholders learn more about adding energy storage to single or multiple commercial buildings, Navigant prepared the On-Site Energy Storage Decision Guide for the U.S. Department of Energy’s (DOE's) Better Buildings Alliance program. The report details the considerations surrounding on-site energy storage for building energy managers, facility managers, and property managers in a variety of sectors.
This report is broken into three sections that provide case studies, an overview of technologies, and tools to help analyze which energy storage options are the best fit for each facility:
1. Basics of Energy Storage
2. Potential Benefits at Your Facility
3. Procurement Options
Download the report on the DOE's website to learn more.