In an article for GreenBiz, Navigant Research says hybrid systems can increase the efficiency of existing energy resources and maximize the use of renewable assets
The market for commercial and industrial (C&I) energy storage is on the upswing thanks in part to decreasing costs for batteries and system components as well as the ability to seamlessly integrate with existing building energy management and energy efficiency/service contracts. And while traditional systems offer a variety of benefits, in an article for GreenBiz, Ian McClenny, research analyst at Navigant Research, says hybrid energy storage systems can bring additional perks, particularly when it comes to corporate sustainability goals.
"There are two main ways these systems improve sustainability efforts for commercial customers," McClenny said. "First is the improved efficiency of existing energy resources."
Hybrid systems enhance the overall effectiveness of the existing power systems through reduced cycling and changes in output, resulting in lower emissions and lighter footprint, he says. The second way that hybrid systems can align with a company’s sustainability goals is by maximizing use of its renewable assets, offering a robust tool to help mitigate variability.
Using a hybrid approach rather than pure-play storage options enables the customer to optimize the best use case (short- or long-duration business case) at any given time of day.
"The C&I building sector is uniquely positioned to improve overall energy efficiency on the demand side as well as provide grid services at no carbon cost on the supply side," McClenny added.
"Ensuring that these buildings are equipped with advanced energy technologies will allow for companies to become more profitable over their lifetime while being conscientious stewards of the environment."