The main barrier to widespread adoption of solar-plus-storage is know-how: configuring the optimal design, gauging investment, and navigating risk management (including regulations), and the high complexity and cost of managing these systems.

In configuring the optimal system design, one faces challenges such as designing the ideal battery configuration to maximise return on investment (ROI), figuring out the optimal cycle rates, power market trends, ideal depth of discharge, rate of deterioration and selecting the right software systems to maximize asset profitability and performance.

Investment and risk management is another point of consideration. As the technology is still maturing, investors are assessing technical and regulatory risks associated with solar-plus-storage projects’ performance and ROIs before making substantial commitments. This uncertainty might deter certain markets from investing in the power couple.

Lastly, monitoring multiple asset systems can be highly complex and costly. To optimize operations and maintain system health, organizations will require capabilities to proactively automate operations and identify and resolve faults across their assets, sites and lines of business.

Leverage technology to optimize solar-plus-storage systems

Technology can play a critical role in overcoming the above-mentioned barriers, ultimately creating a more resilient and efficient solar-plus-storage infrastructure. Key solutions include digital twin modelling, predictive maintenance and AIoT integration for optimization and control.

Digital twin modelling can help in optimizing design and performance. Before building real assets, digital twin modelling can provide investment-grade business cases through accurate simulations, bringing greater credibility to decision making. Digital twins allow asset owners to predict problems adjusted to specific local grid realities and future-proof risks.

Predictive maintenance can increase asset utilization and cost efficiency. Unplanned downtime and poor maintenance can incur unwanted costs, and reduce asset or plant productivity by 5-20% or more.

If you have any requirements or any kind of query regarding the Energy storage solutions for your desired applications, feel free to communicate with our dedicated team at any time at marketing@everexceed.com.