Energy storage brings a multitude of benefits– particularly for industry. Alongside greater independence from the public grid – and thus the rising costs of electricity – energy storage is particularly beneficial for so-called ‘peak shaving’. As power consumption charges are based on peak loads, just one 15-minute period of high usage can result
in the user paying higher prices for the whole billing period, which is usually 12 calendar months. A power storage unit can be specifically set to cushion these potential usage peaks, therefore avoiding them.