This report compares the economic and environmental performance of a Li-ion-based BESS with a conventional DG set, as power backup solutions.
A transition towards a decarbonized and sustainable energy future will incorporate renewable energy sources, such as solar and wind. The intermittency of these renewable sources creates a substantial mismatch between energy produced and required. Energy storage plays an important role in balancing supply and demand and helps to create a more flexible and reliable electricity
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