Amp up with savings
Those words are often seen as an impediment to renewable energy. But it’s also led to ways of discovering how to store that energy until it’s needed.
Declining costs in available technologies have propelled interest in energy storage forward like never before. The price of lithium-ion batteries has fallen by about 80% over the past five years, enabling the integration of storage into solar power systems. And as communities and entire states push toward higher percentages of power from renewables, there’s no doubt storage will play an important role.
Reducing operational cost is in higher demand than ever before. EDF Renewables strives to bring our business customers solutions that fit their specific requirements. Storage may be the right solution for your business as a standalone system or bundled with a solar package. In addition to lowering operational energy costs, storage can help control and forecast long-term energy budgets and increase energy reliability. There are several options when it comes to adding storage – direct purchase, power purchase agreement, shared savings or power purchase agreement with shared savings. Each solution comes with a different set of factors. We can help you navigate these options and find the best solution for your business and bottom line.
EDF Renewables delivers storage on both the distributed and utility scale. It’s not just commercial solar shoppers who benefit from installing energy storage. In fact, utility-scale battery storage is increasingly playing a major role in the operation of the electric grid, providing cost savings, environmental benefits and new flexibility for the grid. We specialize in providing the design, financing, installation, and operation of energy storage and solar solutions in order to help businesses and utilities reach their long term goals.
We are at the forefront of this cutting-edge technology leveraging our global energy storage experience. To develop these innovative projects, EDF Renewables builds on the expertise of its dedicated EDF Store & Forecast subsidiary, which was set up in 2014 and has developed a smart software solution to coordinate generation from renewable sources via forecasting and energy storage.