The Benefits of Energy Storage
Resilience occupies a key position amidst the characteristics that contribute to growing the value of a business. Investing in energy storage solutions provides a temporary supply source, for backup, and other forms of resilience that contribute to maintaining operational activity in case of blackouts or other electrical grid malfunctions. It also provides the business with an additional competitive edge. The benefits are even greater if the company in question opts for a combined solution, such as distributed “storage and photovoltaic” production that allows businesses to self-consume their own energy, ensuring a more fluid work flow, or to export it to the national electrical grid, thereby creating additional revenue flow for the company. This is why Enel X has developed its Distributed Energy Resources Optimization System, or DER.OSTM, an end-to-end optimization software platform that analyzes operational data so that the use of Distributed Energy Resources automatically maximizes financial production and resilience for utilities, businesses and industries.
Innovative, Scalable, Efficient
The DER.OSTM software optimizes the functions of lithium-ion batteries to store energy that can later be used, on request, at times of peak demand on the grid. This way, the battery acts as an adaptable source that can be exploited at any time and which reacts instantly to signals from the grid at critical moments. The platform uses innovative and scalable cloud-based analytics to meet the needs of any segment in the energy market. DER.OSTM’s analytics and controls can aggregate the energy management of multiple plants, thereby creating a virtual power plant providing greater operational efficiency, savings and profits from the combination of various applications like demand charge management, time-of-use (ToU) management and participation in Demand Response programs.
Maximizing Profits Through Flexibility
By tailoring these technologies to clients’ needs and combining these tools, our experts are also able to maximize profits. The first is managing peak tariffs (Demand Charge Management): the part of the energy bill calculated on the highest power used or on energy consumption during peak demand on the networks.
Batteries provide self-produced, stored energy during the most expensive time slots thereby reducing consumption from the grid. Another application is energy arbitrage (Time-of-use Energy Management): energy prices fluctuate during the day so batteries charge when tariffs are low and provide energy when they are higher.
About Demand Response
Then there are the Demand Response (DR) programs: businesses and industries receive payment for their willingness to adapt their energy consumption at the request of the grid operator when there are surges of demand or supply, resulting in greater flexibility and stability for the network. Installing an energy storage system makes it possible to participate in DR programs that maximize economic benefits, while also compensating for any reduction in the energy available to the company’s own facilities.
Tailored Solutions for Every Client
In order to guarantee the greatest flexibility and autonomy for our clients, all the solutions are measured and configured to the needs of the business, its market of reference and the size of the company and are then managed through the Enel X DER.OSTM automatic learning and optimization software , which was developed to analyze data from energy bills and other services in real time, to improve performance and manage distributed energy plants, including behind-the-meter storage systems.
The storage or “storage and photovoltaic” systems are installed by Enel X at no initial cost and with the possibility of tailoring financing to suit the company’s needs. Furthermore, Enel X takes care of maintenance, measuring the benefits produced and overseeing all the operations required to ensure the system’s optimal performance.
The Target is Sustainability
When installed on distributed generation “storage and photovoltaic” systems, the DER.OSTM optimization software enables large businesses and industries to meet the growing need for sustainability, a key factor for tackling the climate crisis and the progressive decline in the supply of raw materials. Sustainability is also a crucial element for brand promotion and competitive market positioning. Enel X’s integrated solar-plus-storage systems help satisfy these requirements, encouraging the greater use of renewables rather than traditional sources, with significant advantages on the economic front.
Energy storage systems actually allow businesses to absorb the generation of excess solar energy and use it during times of peak demand, thereby reducing both the cost of energy bills and the consumption of fossil fuel energy from the grid. In offering cutting-edge solutions, Enel X has become the most reliable of partners, providing benefits along the entire value chain of storage and supporting large businesses in their energy transition, identifying and foreseeing their requirements with the aim of helping them become increasingly competitive, green and sustainable.