ABB and GridBeyond have jointly released a new white paper highlighting the role of Battery Energy Storage Systems (BESS) and energy optimisation in accelerating the energy transition, reducing operational costs, and strengthening grid resilience for commercial and industrial users.
The white paper, Batteries without Barriers, looks at how the integration of BESS technologies, and energy optimisation, can increase energy resilience, generate new revenues stream and decrease carbon emissions. It explores how new service models enable industrial and commercial businesses to take advantage of on-site battery storage in a way that is profitable from day one without the associated capital investment, complexity, and risk.
In the past, the key value proposition of behind-the-metre battery storage systems was their ability to provide back-up power. Today, financial benefits are the driving factor behind rising adoption. Batteries can store electricity from on-site renewable assets or draw energy from the grid when prices are low. This capability allows businesses not only to adapt to the volatility of energy supply and demand but to proactively monetise flexibility, transforming energy storage from a cost into a strategic asset.
Energy storage is no longer just about backup power; it’s about unlocking value says the paper. From reducing carbon emissions to strengthening grid reliability and slashing costs, BTM BESS is rapidly becoming an essential tool for future-ready businesses.
“Battery storage technologies are a key enabler of the energy transition, and by removing financial and technical barriers, our new ‘as-a-service’ model will empower businesses to take control of their energy needs, strengthen their resilience, and unlock new value from their assets” commented Stuart Thompson, President, ABB Electrification Service.
As the energy landscape continues to evolve, commercial and industrial energy users need to reimagine their energy strategies real-time optimisation of energy assets, looking on how to maximise on site batteries through accurate forecasting dynamic participation in energy trading and flexibility markets.
“AI plays a crucial role in forecasting market prices, which is essential for optimising asset utilisation and maximising revenue generation. This enables us to navigate dynamic market conditions, anticipate challenges, and seize opportunities proactively, ensuring our managed batteries remain agile and competitive in a rapidly evolving landscape.” commented Michael Phelan, CEO, GridBeyond.
