The Business Case for Solar Battery Storage in Commercial Operations
Embracing solar power and battery storage is not just a strategic energy decision but a smart business move that can drive long-term success, sustainability and resilience.
How do we know? We’re already equipping many of our customers with the powerful Solar PV systems that are transforming their bottom line.
The solar power for commercial premises system we designed for ITL Vacuum in Hastings is achieving astounding annual savings of £80,000 in daytime electrical energy costs.
Jump to The Benefits: The Business Case for Solar Battery Storage includes:
Innovative Battery Storage Technology
If you’ve so far been reluctant to take the leap to solar PV, you need to know that battery storage technology makes solar PV a much safer, more reliable and even more sustainable energy source for your commercial or industrial operations.
As the renewable energy landscape continues to evolve rapidly, the development of innovative battery storage technology is one of the most significant advancements.
Solar battery storage plays a crucial role in transforming solar photovoltaic (PV) systems, making solar energy more reliable, efficient, and accessible.
For you, that can mean significant financial, operational and environmental benefits.
But how did we get here? If you haven’t been paying attention, you may be missing out: battery storage has changed infinitely and for the better.
What about solar battery cost?
We can easily conduct a survey and assessment to ascertain the scale and scope of what you might need and if your premises are suitable – just ask!
The Evolution of Battery Storage Technology
Battery storage technology has come a long way from its early days. The first rechargeable batteries were bulky, inefficient, and expensive, limiting their application in large-scale energy storage.
More recently, we’re seeing the emergence and application of new battery chemistries and designs that offer higher energy density, longer life spans, and greater efficiency.
Some of the most notable innovations in battery storage technology include:
Lithium-Ion Batteries
The standard for many energy storage applications due to their high energy density, long cycle life, and relatively low cost. Advances in lithium-ion technology have significantly improved the performance and affordability of these batteries, making them ideal for solar PV systems. Innovations such as solid-state lithium batteries, which replace the liquid electrolyte with a solid, promise even greater energy density and safety, further enhancing their appeal.
Solid-State Batteries
This emerging technology offers several advantages over traditional lithium-ion batteries. By using a solid electrolyte instead of a liquid one, solid-state batteries can achieve higher energy densities, improved safety, and longer lifespans. These characteristics make them particularly well-suited for solar PV systems, where long-term reliability and efficiency are paramount. While still in the development stage, we’re keeping an eye on their potential for the future of energy storage.
Flow Batteries
Another innovative technology that is gaining traction in the renewable energy sector, flow batteries store energy in liquid electrolytes contained in external tanks. This design allows for easy scalability and long cycle life, making them ideal for large-scale solar PV installations. In particular, Vanadium redox flow batteries show great potential due to their high efficiency and durability.
Advanced Energy Management Systems
As well as evolving battery chemistries, advanced energy management systems (EMS) are revolutionising the way solar PV systems operate. These systems use sophisticated algorithms and real-time data to optimise the generation, storage, and consumption of solar energy. By dynamically managing energy flows, EMS can maximise the efficiency of solar PV systems, reduce energy costs, and enhance the overall performance of battery storage solutions.
Solar power systems are a key area of expertise for us and where we have a wealth of experience. Find out more here:
Battery Storage: The Business Case
So, the world of more sustainable – and affordable – energy is changing rapidly. But what does that mean for you – and your business?
How Innovative Battery Storage is Transforming Solar PV
We’re seeing firsthand how the integration of advanced battery storage technology with solar PV systems is driving significant transformations across various aspects of energy generation and consumption.
And we know from experience how innovative battery storage solutions are revolutionising solar PV.
Some of the business-building benefits you can expect include:
Enhanced Energy Reliability
Your industrial operations need an energy source you can rely on.
One of the key primary benefits of advanced battery storage technology is the enhanced energy reliability it provides.
Previously, solar PV systems have been inherently intermittent because they are dependent on sunlight – which of course we know is notoriously inconsistent in the UK!
By storing excess solar energy generated during peak sunlight hours, advanced batteries ensure a steady supply of electricity even when the sun is not shining.
It’s a capability that is particularly valuable for commercial and industrial operations that require a consistent and reliable energy source to maintain operational continuity.
This is all particularly valuable for industries where continuous power is critical, such as manufacturing, healthcare, and data centres.
Increased Energy Independence
Reducing reliance on the energy grid is great for a few reasons. Reducing costs is just one of them!
Innovative battery storage technology gives you greater energy independence by storing your solar-generated electricity for use during periods of high demand or grid outages.
This not only provides a reliable backup power source but also allows for greater control over energy costs. As energy prices continue to rise, the ability to generate and store your own electricity is clearly an asset for your bottom line.
Stability in energy costs can be a significant advantage in financial planning and budgeting.
“For example, consider a commercial facility with a significant energy load during the day. Without a battery storage system, this facility would need to draw from the grid during peak hours when electricity rates are highest. However, with a solar battery storage system, the facility can rely on stored solar energy during these peak periods, thus avoiding the high costs associated with peak energy usage. This translates to considerable savings over time, enhancing the overall financial viability of solar investments.”
Joel Randoll, Director.
Improved Cost Efficiency
By installing advanced battery storage systems, you can significantly improve the cost efficiency of your solar PV installations.
This is because using stored solar energy during peak tariff periods, the systems reduce the amount of electricity you would otherwise have to purchase from the grid at higher rates.
So, you can take advantage of what is called ‘peak shaving’: using stored energy during peak tariff periods to avoid higher energy charges.
Additionally, innovative battery technologies with longer lifespans and higher efficiencies can lower the overall cost of energy storage over time.
This improved cost efficiency makes solar PV systems a more financially viable option for a wider range of applications AND improves your ROI on solar PV.
Regulatory Incentives and Market Opportunities
It’s a great idea to explore the incentives for renewable energy adoption, including tax benefits, grants, and subsidies for solar battery storage systems.
These incentives make the investment in solar battery storage even more attractive for businesses by lowering upfront costs and shortening the payback period.
Plus, as governments and regulatory bodies continue to push for greater adoption of renewable energy, businesses that invest in solar battery storage now may be better positioned to comply with future regulations. This proactive approach can ensure compliance with evolving energy policies and avoid potential penalties associated with non-compliance.
Enhanced Sustainability
By reducing dependence on fossil fuels and lowering greenhouse gas emissions, the combination of solar PV systems and advanced battery storage technology contributes to enhanced sustainability.
And by maximising the use of renewable solar energy, these systems help to decrease the environmental impact from energy consumption.
You’ll also find that many innovative battery technologies are designed with sustainability in mind, using recyclable materials and environmentally friendly manufacturing processes.
If you’re one of the many businesses eager to achieve ambitious sustainability targets, such as net-zero emissions, solar battery storage can be a critical tool. It will also enhance your reputation as environmentally responsible, and can strengthen relationships with customers, employees, and partners who prioritize environmental stewardship.
Scalability and Flexibility
Innovative battery storage technologies offer greater scalability and flexibility for solar PV systems.
Flow batteries, for example, can be easily scaled up by adding more electrolyte solution, making them suitable for large-scale solar installations.
Modular battery systems also allow for incremental expansion, enabling you to increase energy storage capacity as needed.
This scalability and flexibility ensure that solar PV systems can adapt to changing energy demands and requirements as your business grows.
Future-Proof Operations
As energy prices continue to fluctuate and concerns over energy security and environmental sustainability grow, businesses with solar battery storage will be better positioned to adapt to market changes and regulatory requirements.
Moreover, advancements in battery technology are making storage solutions more efficient, durable, and cost-effective, promising even greater benefits in the future.
For example, the development of new battery chemistries and storage technologies, such as solid-state batteries and flow batteries, is expected to enhance the performance and longevity of storage systems. These innovations could significantly reduce the cost of battery storage and increase its efficiency, making it an even more attractive investment for businesses.
Additionally, the integration of smart grid technologies and energy management systems can further optimise the use of solar battery storage. These systems can dynamically manage energy production, storage, and consumption to maximise efficiency and savings.
As technology continues to evolve, businesses that have already adopted solar battery storage will be well-positioned to leverage these advancements and maintain a competitive edge
Profit from Energy Markets
Ready for an extra revenue stream? One that’s built into advanced battery storage system installation?
With battery storage, solar PV owners and operators can participate in energy markets and monetize their stored energy.
For example, businesses with large-scale solar and battery installations can sell excess energy back to the grid during peak demand periods.
You can also participate in demand response programs, where they you’re compensated for reducing energy consumption during times of high grid demand.
These opportunities create new revenue streams and enhance the overall financial benefits of solar PV systems.
As battery storage technology continues to evolve, solar energy is becoming ever more accessible and practical for a wide range of applications.
“As the renewable energy sector continues to evolve, the synergy between advanced battery storage and solar PV systems will play a critical role in shaping a sustainable energy future. For businesses and homeowners alike, investing in these technologies not only represents a smart financial decision but also a commitment to environmental stewardship and energy resilience.”
Joel Randoll
The business case for solar battery storage in commercial operations is compelling, offering enhanced energy reliability, significant cost savings, support for sustainability goals, and the potential to capitalise on regulatory incentives and market opportunities.
Working at the forefront of this energy revolution, our expert industrial electrical engineers can design cutting-edge solutions that integrate innovative battery storage with solar PV systems.
Our expertise in industrial electrical engineering ensures that we provide comprehensive support in designing, installing, and maintaining these advanced energy systems, helping our clients achieve their energy goals and drive long-term success.
Partner with us to future-proof your operations, optimise energy costs, and enhance your sustainability initiatives. Together, we can build a brighter, more sustainable future for your business.
Read more: Commercial Solar Photovoltaic Panel Installation Processes & Timescales
