Smart Energy for Smart Building- The Advantages of Battery Storage TechnologyBy David Thompson, UniversityHerald Reporter
Smart buildings are trending these days, and for good reasons. They're convenient, efficient, and save owners and residents loads of money. If you own one, you'll surely make massive lifestyle and financial gains over the years. In fact, you can take them a notch higher by investing in battery storage technology.
Did you know that the global market for battery storage exceeded $8.4 billion in 2021? And it is projected to grow even bigger in the next decade. That's right, American real estate investors and homeowners are catching on to the benefits of owning a personal power source. It is even emerging as a trend in the educational sector. You'll surely want to join the bandwagon sooner than later, right?
But battery storage entails a considerable investment, so digging deep into the benefits makes sense before committing to it. Let's explain why it's a game-changer for smart college and university buildings.
An energy-independent institution
What's better than having control over your energy use? Battery storage sets you up for energy independence as you can store energy from your solar panels or even from the grid during off-peak hours. You may use it when you need it the most, such as during an outage.
It means you no longer need to rely on the power company. In fact, you may even go off-grid. And nothing matches the peace of mind of knowing that you don't need to worry about blackouts or power outages in the middle of the classes, right?
Save your utility bills
Well, this one is even better because saving money is the top reason to invest in battery storage. Yes, it's some investment upfront, but you'll end up saving serious cash in the long run. Imagine how much you can save by storing excess power and using it during peak-rate hours.
Your institution's utility bills can drop dramatically. You can start a new passive income stream by selling excess power. That's a win-win!
Lower your carbon footprint
If you're an eco-conscious education provider, you will surely want to lower your carbon footprint. Of course, going solar is a great start, but investing in a Battery Energy Storage System takes the initiative a notch higher.
It compounds the benefits of a solar installation, from providing clean, renewable energy to reducing your dependence on fossil fuels. It's a way for your college or university to go the extra mile to save the planet.
Flexibility for energy usage
How and where do you want to use your energy? Well, you get more flexibility for it with battery storage. You can monitor it in real-time and optimize it. For example, you can set your smart system to charge your batteries when electricity rates are lower.
It's even possible to prioritize powering appliances during off-peak hours. So you get more control over your energy use.
Peace and quiet
You know that loud hum of a generator during an outage- it's annoying, right? It's even worse when students are in the classes or writing exams. And that's another reason you'll appreciate the quiet operation of battery storage.
While generators are noisy and require fuel, battery storage systems are just the opposite. They are completely silent and run without fuel. You can enjoy uninterrupted power with peace of mind.
Battery storage is the future of energy. So it's definitely the best investment you can make for your institution. So if you want to stay ahead of the game and play a part in the clean energy revolution, go for it!