Industrial And Commercial Are Very Different When It Comes To Energy Storage

Industrial and commercial energy storage development has achieved significant breakthroughs in recent years. As the national peak-to-trough price gap further widens and the cost of lithium iron phosphate batteries declines, the internal rate of return (IRR) of industrial and commercial energy storage has steadily increased, and its economics has become increasingly prominent. Against this background, industrial and commercial energy storage has gradually become the fastest-growing segment in the energy storage market.

The energy storage system, on the surface, consists of batteries, PCS converters, BMS, EMS and other electrical circuits, protection, monitoring systems, fire protection, etc. However, there are big differences between source grid-side energy storage and industrial and commercial energy storage.

First, industrial and commercial energy storage pays more attention to integration. Compared with large energy storage containers, industrial and commercial energy storage is more likely to adopt the form of integrated energy storage cabinets. This integrated design makes the energy storage system more compact and occupies a smaller area, adapting to the needs of industrial and commercial scenarios.

Secondly, industrial and commercial energy storage capacity is relatively small. Because its main purpose is to meet the company's users' own photovoltaic needs and reduce electricity costs, rather than participating in grid dispatching. Therefore, compared with source-grid side energy storage, industrial and commercial energy storage has lower requirements for system control.

In addition, the profit model of industrial and commercial energy storage is also different from that of source-grid side energy storage. Industrial and commercial energy storage mainly achieves profitability through peak-valley electricity price difference arbitrage, demand response, and ancillary services. In source-grid side energy storage, profit paths include dispatching auxiliary services, power market transactions, etc.

As a new energy storage development model, industrial and commercial energy storage is quite different from source-grid side energy storage in terms of system focus, business logic, and profit model. As industrial and commercial energy storage technology continues to mature and market demand continues to expand, industrial and commercial energy storage will play an increasingly important role in my country's energy storage industry in the future.

Driven by policies and markets, my country's industrial and commercial energy storage market is ushering in a golden development period. Jntech Renewable Energy will increase investment and continue to innovate to meet the diverse and personalized needs of industrial and commercial energy storage and help the rapid development of my country's new energy industry.