Storage solutions can have a significant impact on business operations and bottom line. With high-density mobile systems, businesses can save on-site footprint and energy costs with reduced circulation requirements.
Energy storage technologies are increasingly a part of intelligent commercial buildings. They can shave peak loads, level energy usage, integrate renewable energy sources, and provide backup power during emergencies.
Reduced Carbon Footprint
Storage is a crucial component for achieving sustainability goals. As technology advances, there are many innovative ways that storage can impact key sustainability measures.
Like eCommerce storage solutions, it helps reduce a building’s carbon footprint by reducing its reliance on fossil fuel-generated power. They can also support a business’s participation in demand response programs and enable the integration of renewable energy sources.
For instance, a thermal energy storage system uses phase change materials or chilled water to store energy during peak times and reduces a facility’s reliance on HVAC systems. The system can even be designed to work with solar panels or other clean energy generation systems.
Moreover, a business that integrates green solutions into its operations benefits from cost savings, tax credits, incentives, lower operating costs, better brand reputation, more loyal customers, and a healthier workplace. It is also suitable for the environment, communities, and local economies. As part of its ESG initiatives, ATP offers a new incentive program that provides upfront incentives for customers installing batteries paired with solar and electrical vehicle chargers and energy storage systems alone.
Energy Efficiency
Energy storage systems enable SMEs to optimize energy usage and save money by shaving peak loads, leveling power consumption, integrating renewables, and providing backup power. Advanced technologies like lithium-ion batteries, flywheel energy storage, thermal energy storage, and vanadium redox flow batteries can help achieve their business goals while reducing the environmental impact.
Intelligent energy management empowers SMEs to make data-driven decisions and monitor their building’s energy patterns to reduce costs further and improve efficiency. Additionally, energy storage solutions allow SMEs to participate in demand response programs, contributing to grid stability and earning monetary benefits through energy savings and program incentives.
Increased reliability enables SMEs to continue operations without interruptions during unplanned power outages, protecting against financial losses and maintaining their brand reputation. Energy storage systems also provide a reliable backup source for renewable energy-powered microgrids, further improving SMEs’ sustainability.
Reduced Waste
Whether it’s an energy-saving data storage solution or reusable packaging, there are plenty of ways to reduce waste. Consider reusing hardware that is no longer in use or working with your suppliers to recycle specific business waste items, such as machine shop and industrial oil (which can be used for alternative energy sources) or shipping boxes.
Another way to reduce waste is by implementing intelligent solutions that make recycling easier for business owners. For instance, one project is floating dumpsters in Amsterdam’s historic canals that can be emptied and returned by autonomous boats. This could eliminate the need for trash collection in these historic districts, reducing pollution and fewer greenhouse gas emissions. Moreover, it reduces the need for trucks to drive around and saves fuel costs. A similar approach is the intelligent waste bins proposed in [20]. These bins have sensors installed inside them that measure the level of waste filling. The data is then transmitted through a wireless communication system and passed through optimization algorithms that can calculate optimal routes for collection.
Increased Productivity
In a retail environment, where sustainability is increasingly a key business priority, embracing energy storage systems can help your business save costs, improve operational efficiency, and contribute to a greener future. Energy storage solutions allow you to manage and reduce demand charges by storing electricity during off-peak times and dispatching it during peak hours. They also provide backup power during unplanned outages, protecting your business against financial losses and disruptions to operations.
Most commercial battery storage systems have integrated energy management capabilities that automatically decide when to charge and discharge based on various factors, such as energy prices, demand patterns, and other data. This means businesses can significantly reduce their energy bills without effort, helping them achieve energy independence and sustainability goals. Additionally, energy storage can be used to participate in demand response programs, further lowering electricity costs and providing a lucrative return on investment. This primarily benefits SMEs who want to differentiate themselves from their competitors with an eco-conscious solid image.