What is the future of energy storage & peak shaving?

As lithium battery technology continues to evolve, the future of energy storage and peak shaving looks brighter than ever. Businesses will have access to more powerful, efficient, and affordable energy storage systems, allowing for greater control over their energy consumption and costs.

What is dynamic peak shaving?

Dynamic peak shaving automatically manages energy usage by discharging stored energy from the battery when demand exceeds the contracted capacity. This prevents overloading, ensures grid stability, and avoids costly demand charges. It makes sure you have sufficient energy during peak demand moments.

How can a business use battery power during peak times?

Activating on-site power generation systems (e.g., generators). Utilizing battery storage, such as the Lithtech Battery, to supply energy during peak times. By shifting to battery power during these high-demand periods, businesses can significantly lower their demand from the grid and avoid costly peak load fees.

What is the difference between peak shaving and load shifting?

Although peak shaving and load shifting both aim to reduce energy costs, they operate in different ways: Peak Shaving: This involves a rapid, temporary reduction in power consumption to avoid spikes. Businesses typically use a battery or on-site generator to supply energy during the peak.

What is peak shaving?

Peak shaving involves quickly reducing electricity consumption during periods of high demand, helping to avoid expensive spikes in consumption. This can be achieved by: Temporarily scaling down production. Activating on-site power generation systems (e.g., generators).

Why do Metal Manufacturers shave their peak loads?

This means that load peaks are shaved with physical PS and dynamically balanced with RLM PS. In both cases, this helps customers avoid higher electricity tariffs and cuts their operating costs. Metal manufacturers that use welding equipment and other energy-intensive machines Are you looking to shave your peak loads?