Battery energy storage system (BESS) technology is constantly evolving and costs continue to come down, making BESSs an attractive option for utilities and investors alike. Improved technology means batteries are safer, last longer, and can deliver on multiple use cases, including frequency regulation, fast frequency response, energy arbitrage, and providing synthetic inertia, in addition to traditional uses such as back-up power.
Determining the best battery type for your needs begins with understanding what your primary use case is and what secondary use cases you can take advantage of by putting your otherwise idle battery to work. Stacking the value obtained from your battery is an ideal way to maximize your return on investment.
Our new guide provides a high-level overview of battery value stacking, battery types, and how PXiSE can bring all the variables together to reduce costs and increase revenue.
