Potential applications for using the STROMFEE power price manager

Potential applications for using the STROMFEE power price manager Potential applications for using the STROMFEE power price manager

There are several potential applications for using a power price manager in conjunction with a battery storage system. Some of these include:

1. Peak shaving: By charging the battery storage system during times of low power prices and discharging during times of high prices, the system can be used to smooth out the peaks and troughs in power demand, reducing the need for expensive power generation during times of high demand.

2. Grid services: Battery storage systems can provide grid services such as frequency regulation and voltage control, which can help stabilize the power grid and improve its overall reliability.

3. Renewable energy integration: Battery storage systems can be used to store excess energy generated by renewable energy sources, such as solar and wind power, and then discharge it during times when the renewable energy sources are not producing enough power to meet demand.

4. Load shifting: By charging the battery storage system during off-peak hours and discharging during peak hours, it can help shift power demand from peak to off-peak hours, which can help reduce overall energy costs.

5. Self-consumption: Battery storage systems can be used to store excess energy generated by a solar panel system, and then use that energy to power the building during the evening, reducing the dependence on grid power and increasing self-consumption.

Overall, using a power price manager to optimize the charging and discharging of a battery storage system can help reduce energy costs, improve grid reliability and support the integration of renewable energy sources.