Understanding Peak Shaving
The Role of the M-TEC Energy-Block in Commercial and Industrial Applications
In today’s changing energy world, companies are constantly looking for innovative ways to manage their energy consumption efficiently and cost-effectively. One of the strategies that has gained significant attention is peak shaving. At M-TEC Energy Systems, we are proud to introduce our state-of-the-art C&I battery storage system, the ”Energy-Block”, designed to improve energy management for commercial and industrial consumers.
In this publication, we will delve into what peak shaving is, why it is crucial for businesses and how our Energy-Block plays a key role in this energy saving strategy.
Why is Peak Shaving important for Commercial and Industrial Consumers?
Peak shaving is the practice of reducing the amount of electricity drawn from the grid during periods of high demand, known as peak periods. These periods often correspond to times when energy prices are at their highest. By reducing energy consumption during these times, businesses can significantly reduce their energy costs. This is achieved by using clean energy sources or stored energy to offset demand.
Cost Savings
Energy prices during peak periods can be exorbitantly high. By reducing consumption during these times, businesses can avoid these high rates, leading to substantial savings on their energy bills.
Charges on Demand
Many utility companies impose demand charges based on the highest rate of energy consumption during a billing period. By reducing peaks and contracted power in certain periods, companies can lower their peak demand, thereby reducing these costs.
Network stability
Peak shaving helps to relieve stress on the grid during periods of high demand, contributing to the overall stability and reliability of the grid.
Sustainability Objectives
Reducing peak energy consumption aligns with broader sustainability and environmental goals by reducing the carbon footprint associated with high energy use.
The Role of Battery Storage in Peak Shaving
Battery storage systems have emerged as a game changer in the peak shaving arena. These systems store energy during off-peak periods when demand and prices are lower and discharge this stored energy during peak periods. This not only helps to reduce energy costs, but also ensures a stable and reliable energy supply.
Introduction of the M-TEC Energy-Block: Your Solution for Peak Shaving
Our Energy-Block is designed to deliver superior performance and reliability for commercial and industrial applications. Here’s how it excels:
- High Capacity and Efficiency: The Energy-Block provides ample storage capacity of 73 to 1MWh to meet the needs of large commercial and industrial operations. Its high efficiency ensures that maximum energy is effectively stored and utilised.
- Advanced Management System: The Energy-Block comes with our advanced power management system that intelligently controls charge and discharge cycles, optimising power usage based on real-time demand and taking into account the price of electricity.
- Scalability: Whether a small business or a large industrial facility, the Energy-Block is scalable to match your specific power requirements. Its modular design allows cascading up to five times for easy expansion as your energy needs grow.
- Reliability: Built with state-of-the-art technology and robust components, the Energy-Block ensures reliable performance, minimising downtime and maintenance costs with full remote control functionality. Giving the best warranty on the market of 10,000 cycles or 10 years.
- Renewable Energy Integration: The Energy-Block integrates seamlessly with renewable energy sources such as solar and wind, enhancing your sustainability efforts and reducing grid dependency.
Real World Impact
Companies that have adopted our Energy-Block for peak shaving have reported significant reductions in their energy costs and demand charges. In addition, they have contributed to grid stability and made progress towards their sustainability goals.
In conclusion, peak shaving is an essential strategy for managing energy costs and demand in the commercial and industrial sectors. With our Energy-Block, businesses can effectively implement this strategy, enjoy considerable savings and support a more sustainable energy future. If you are ready to take control of your energy consumption and achieve your energy management goals, contact us today to learn more about the Energy-Block.
