Applications
Energy Storage Systems Application
Industry Demand
Energy storage systems can be utilized in various stages of electric power transmission (generation, transmission, distribution, and consumption), offering benefits such as improved power quality; upgrading the current "rigid grid" to a "flexible grid", making the grid more agile and efficient; enhancing the utilization rate of renewable energy and reducing wind and solar power curtailment; mitigating the need for grid infrastructure investment through peak shaving and capacity expansion; reducing electricity costs for users by leveraging price differences between peak and off-peak hours; and serving as emergency backup power or off-grid power supplies.
Each application scenario has unique requirements for energy storage capacity and charging/discharging duration, and the diversified market poses diverse demands on energy storage systems. Consequently, various energy storage technologies will coexist in the long term.
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