Economic Benefits of Energy Storage | Energy Storage Coalition
The rapidly-growing energy storage sector supports tens of thousands of good-paying jobs through development, construction, and maintenance of storage facilities, along with jobs
When demand shifts and baseload resources can't react quickly enough, energy storage can be there. In simplest terms, energy storage enables electricity to be saved for a later, when and where it is most needed. This creates efficiencies and capabilities for the electric grid—including the ability to reduce greenhouse gas (GHG) emissions.
Energy storage can save operational costs in powering the grid, as well as save money for electricity consumers who install energy storage in their homes and businesses.
By using energy storage during brief outages, businesses can avoid costly disruptions and continue normal operations. Residents can save themselves from lost food and medicines, and the inconvenience of not having electricity.
Energy storage can provide backup power during disruptions. The same concept that applies to backup power for an individual device (e.g., a smoke alarm that plugs into a home but also has battery backup), can be scaled up to an entire building or even the grid at large.
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