Energy storage represents a major breakthrough for the U.S. electricity sector and can provide many different services to the grid. These range from the integration of renewable generation to cost savings and grid stability. The grid needs to balance electricity supply and demand in real-time and traditionally could not keep excess energy for later use. That has now changed with the energy storage systems that Nexamp can provide. Our facilities can receive and transfer energy on demand, and our bank is always full thanks to the sun.
Yes! There are no direct emissions associated with Nexamp’s energy storage systems that are tied to our solar facilities.
Absolutely. Our nation has been leveraging various technologies for energy storage since the 1930s, and today it is equivalent to approximately 2% of U.S. generation capacity. It’s just as safe as other electricity generation, transmission, and distribution technologies, yet it also supports a healthier environment for all by integrating more renewable generation. Newer energy storage technologies such as lithium-ion batteries are the same technology that you find in electric vehicles, smartphones, laptop computers, and other electronics.
In extreme weather or other events when electricity supply goes down or demand goes up, the price of energy usually spikes to cover demand. These charges are known as “time-of-use” or “peak” prices as they are directly linked to when the energy is needed. Energy storage offers a bank of ready-to-use energy at all times, thus mitigating higher prices and eliminating the need to pull in dirtier generation sources to meet that demand.
Yes! Our facilities are interconnected with the grid and can store any form of energy. We’re open to all, like always.