A major factor in the rapid increase in the use of BESS Li-ion technology has been a 50% decrease in costs of energy storage over the last two years. While costs are still high compared to grid electricity, the cost of energy storage has actually been plummeting for the last 20 years.Storage systems can also decrease the need to invest in new conventional generation capacity, resulting in financial savings and reduced emissions from generating electricity.
Containerized battery soulution is an optimal solution to maintain a stable voltage and it also provides back up power capabilities for numerous applications such as power transmission, electricity generation, etc. The system level Battery Management System (BMS) provides a new paradigm in the energy industry. The BMS can accrue the financial value of the ESS and facilitate its application to an electric power supply, power backup system, renewable energy integration, etc.
