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Energy Storage Systems - The Bridge for Energy Transition

image credit: Photo by Petro Perytskyi- Depositphotos
Shraddha Nair's picture
Environmental Economics | Energy Policies Save&Restore

MSc Economics and Policy of Energy and Climate Change, University of Strathclyde ● Growth Strategist & Consultant ● Bachelor of Technology in Electrical Engineering● Business...

  • Member since 2020
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  • Jan 27, 2021

Its 2021. The earth is spinning faster, the geography has bulged from the equator as calculated. The seasons are not stable, there are wildfires in some place, and floods in other. The world has trouble rising back from the pandemic that was hit. Every island and mainland struggling to keep its economy on the brink of collapse. There are bombings, terrorist attacks and even a tsunami lined up for the coming year. But life goes on. People are still going to work and the milk man dropped off two bottles of milk today morning as well. When everything around is changing either due to climate change or man-made disasters, we pick ourselves up and we keep walking. What humans have learnt to do is to adapt and mitigate.

Energy transition is a way to adapt to the changing climate conditions and the increasing instability of the grid. A large number of energy sector companies are switching to renewable energy production and connecting them to the grid has become a very tedious process. A large number of residential, commercial and business spaces are installing solar panels to be self-sufficient. But renewable resources are heavily dependent on the weather of the location and can vary every day. Given the uncertain climatic conditions people are looking for more stable yet environment friendly products on the market that might help them sustain during the harsh implications of the grid such as blackouts or power outages. Small businesses and shop owners find it extremely difficult to keep their businesses open during such conditions. Now, here switching to more reliable yet eco friendly devices is a way of adapting to the effects of climate change, but what products are available in the market today to help mitigate these issues?

Energy Storage Systems or ESS are devices that convert electrical energy from different kinds of power systems to store it in a form such that it can be used later when needed. There are various types of ESS available in the market starting from batteries, thermal systems, flywheels, pumped hydro power and a few other upcoming technologies based on compressed air, superconducting magnets and hydrogen storage. The best of them all with advanced artificial intelligence systems is the intelligent ESS. It stores its energy captured from renewable energy equipment at your home or work space and stores the energy to be used in time of need. Although this sounds like a battery operated ESS or a generator, what makes it unique is its ability to customize the usage of electricity by studying the usage patterns of the user which in turn helps the customer save money on their energy bills. Having a renewable energy set up in your home or neighborhood and connecting it to the ESS will help you monitor your electricity usage trend and also relieve you from the stress of relying on the grid during a blackout scenario.

There are companies such as WiSE Power in partnership with startups like Save&Restore, striving to distribute their intelligent energy storage technology to many people across the United States. Being the renewable energy growth strategist at Save&Restore, I have seen the dire need for ESS. We as a team have the vision to provide every house, community and workspace in America and across globe, be it rich or poor with our intelligent storage system to be able to stay afloat in every situation the planet will go through in the coming years. The world needs more of these systems that will help them transition away from fossil fuels and towards renewable technology without having to worry about the reliability of the renewable resources and the grid and be independent. Energy Storage Systems are indeed the best available bridge to help the world into renewable energy transition.

Shraddha Nair's picture
Thank Shraddha for the Post!
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Matt Chester's picture
Matt Chester on Jan 27, 2021

 Although this sounds like a battery operated ESS or a generator, what makes it unique is its ability to customize the usage of electricity by studying the usage patterns of the user which in turn helps the customer save money on their energy bills

What's the primary objective of the intelligence-- would there be different outcomes if it was looking to operate in the sole best interest of the consumer vs. grid stability vs. utility companies, etc.?

Shraddha Nair's picture
Shraddha Nair on Jan 28, 2021

Absolutely! The intelligent part of it comes from the AI and ML strategy. An intelligent ESS at your home will monitor your lifestyle and corresponding usage of electricity at your home or workspace. It will then start storing electricity when you are at work or out for vacation, and then during peak hours of usage let's say during your family time at night or in the morning, it will use its stored energy instead of drawing from the grid. 

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