One of the distinctive characteristics of the electric power sector is that the amount of electricity that can be generated is relatively fixed over short periods of time, although demand for electricity fluctuates throughout the day. Our development of technology to store electrical energy so it can be available to meet demand whenever needed presented a major breakthrough in electricity distribution. Our electricity storage devices can manage the amount of power required to supply customers at times when need is greatest, which is during peak load. These devices can also help make renewable energy, whose power output cannot be controlled by grid operators, smooth and dispatchable.
Our units also balance microgrids to achieve a good match between generation and load. Storage devices provide frequency regulation to maintain the balance between the network's load and power generated, and they achieve a more reliable power supply for high tech industrial facilities. Thus, for us, energy storage and power electronics hold substantial promise for transforming the electric power industry.Simply put, our Enhanced Energy Storage provides multiple benefits to both the power industry and its customers. Among these benefits are:
• Improved power quality and the reliable delivery of electricity to customers;
• Improved stability and reliability of transmission and distribution systems;
• Increased use of existing equipment, thereby deferring, or eliminating costly upgrades;
• Improved availability and increased market value of distributed generation sources;
• Improved value of renewable energy generation; and
• Cost reductions through capacity and transmission payment deferral.
Lr. Energies designs, sells, own, and operates utility scale energy storage systems.