Commercial and Industrial – communities, commercial buildings and factories/manufacturing facilities where there is a need for large use of electricity. , commercial and industrial buildings need to have energy storage systems that serve all or some of the tenants within them. Providing energy cost reduction, renewables integration, and power quality protection are top motivators for this sector.
Examples of commercial and industrial markets are universities, corporate campuses, shopping malls, and government locations. These markets often pay a single rate that has been negotiated with a local utility. But, by using tools like demand response, distributed renewables, and energy storage, the facility operator can significantly reduce energy costs.
The industrial market is likely to have a need for advanced flow batteries. This is because power quality issues need to be regulated over long durations – a common issue with semiconductor and other precision manufacturing systems. If a business facility finds a price difference (night and day) in electricity prices, then our battery technology can help to ensure reliability and cost savings.
ABOUND is actively looking for synergistic applications to deploy and integrate our innovative technology with. If your project is a good fit for our technology, get in touch with us and let’s see how we can work together.
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