Volvo Energy
Global
Volvo Energy
Global
A Battery Energy Storage System (BESS) has the potential to become a vital component in the energy landscape. As the demand for renewable energy and
electrification grows, a BESS is a reliable source of power that can help reduce emissions, optimize energy costs, and promote a stronger, greener grid.
A battery energy storage system, also called battery storage, works like a large-scale rechargeable battery. It stores electricity when it’s abundant, often from renewable sources like the sun and wind, and supplies energy during peak hours. It also acts as a reliable backup during outages or disruptions.
A battery energy storage system allows you to store energy when electricity prices are low, like at night or when a lot of renewable energy is generated. Then, during peak hours when prices rise, you can draw power from the energy storage system rather than more costly sources
With a battery energy storage system, you get a steady and reliable source of backup power. So even if the sun isn’t shining, the wind isn’t blowing, or an unexpected power outage occurs, a BESS can help ensure your operations maintain a consistent flow.
Participate in the energy market with a battery energy storage system. During peak hours, surplus energy can be sold back to the grid instead of remaining unused – transforming excess energy into extra revenue while supporting a greener grid.
Solar and wind produce clean energy, but not always when needed. With battery energy storage, you can store excess power from renewable sources and release it when demand is high, replacing fossil-fuel-based electricity.
Volvo Energy’s BESS will be available for temporary and stationary set-ups, enabling reliable backup power and a stable grid wherever you operate. The battery energy storage system will initially use first-life batteries, with a planned transition to second-life batteries. By repurposing batteries, the system reduces the need for new raw materials, decreases waste, and lowers the environmental impact of battery production and disposal.
Businesses in the commercial and industrial segments can lower energy costs, manage peak demand, and rely less on the grid with a system for battery storage. It keeps power stable, operations efficient, and makes it easier to integrate renewable energy.
BESS can be used to support EV charging by enabling faster and more reliable access to power. It helps balance grid demand and contributes to a smoother shift toward clean e-mobility, without concerns about energy supply.
In off-grid locations, during emergencies, or at large events, BESS offers a dependable power source where a stable supply is essential. It reduces reliance on unpredictable energy sources and helps keep operations running without interruption.
Battery energy storage systems play a crucial role in integrating renewable energy sources into the power grid. They store excess power when production is high and release it when demand rises - reducing variability and improving grid stability.
Smoothing output fluctuations: Balances sudden changes in solar and wind generation, preventing instability.
Enhancing grid stability: Supports frequency and voltage control by absorbing or supplying energy as needed.
Maximizing renewable utilization: Stores surplus renewable power for later use, reducing curtailment and reliance on fossil backup.
A BESS is built on various components that work together to efficiently store, manage, and release electrical energy. Each component has a specific role, contributing to the overall performance and functionality of a BESS.
Stores incoming electricity from various sources, such as renewables, and releases it when needed.
The inverter takes the stored electricity (DC) from the batteries and converts it into the type of electricity (AC) we normally use in homes or buildings.
Monitors and controls the batteries, ensuring they charge and discharge safely and efficiently. It also manages the temperature and overall health of the battery cells.
Handle the charging and discharging of the batteries and regulate the flow of electricity to and from the grid.
Aims to ensure that the BESS operates optimally no matter the surroundings. It includes pumps, radiators, an active cooling unit, and a heater.
If you cannot find an answer to your question, you are always welcome to contact us.
BESS are very flexible and can support and solve many challenges regarding electrification, such as storing intermittent renewable energy or reducing power peaks in constrained grids.
For example, BESS might primarily support electric vehicle charging in a weak grid. But it can also provide additional services like grid support, leading to revenue opportunities, or CO2 optimization of your local energy use.
So, a BESS can provide both revenue opportunities and cost and emission savings.
The system and installation cost depend on your particular needs, the site and the environment in which it should be placed.
Please get in touch with us for a quote.
The payback time for an investment BESS depends on your use case, priorities, and location. A typical business case for a BESS currently shows a payback of around five years.
Please contact us for a more specific analysis of your case or a quote.
Our products are compliant with EU standards and can be connected to the normal grid in Europe, i.e. 3-phase, 400 volts.
BESS can charge all the electric applications on site, as well as visitors that want to charge. This means our solution is brand agnostic, and can charge any vehicles, regardless of brand.
As the electric transformation gathers pace, the number of used batteries grows. And used batteries still have valuable potential. With our circular approach, Volvo Energy reuses and repurpose these powerhouses. And once they’ve given everything, we ensure that they’re responsibly recycled, and ready to give everything they can once again.
For example, the repurposed truck or bus batteries with second life are supporting charging solutions, reducing the carbon dioxide footprint further.
