Given that renewable energy is an intermittent energy source, you may be looking for ways to increase reliability and address peaking power needs within your energy strategy. Gexa Energy is helping meet those needs through energy storage technology.
While there are many energy storage technologies, batteries provide a promising way to store electrical energy so it can be available to meet demand whenever needed. Battery storage fills in the gaps resulting from intermittent resources like wind and solar generation. That means facility managers can more easily bring on and off renewable energy, reducing the need for load balancing services and rapid generation ramping.
The Benefits of Battery Storage
Projects require little space: Energy storage projects do not require a large area for development, are scalable in size and can be put in many places.
Costs are expected to decline: Technological efficiencies, improved manufacturing productivity and economies of scale are helping to lower costs, and as batteries gain wider industry adoption, prices are expected to decrease further.
Environmentally friendly: Because batteries store excess energy captured during peaking times of renewable energy generation, it allows your facility to use that energy at a later date rather than brown power from the grid – getting you closer to carbon neutrality.
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Our Expertise
Gexa Energy can help you find the solution that achieves your financial, operational and sustainability goals. Your organization’s commitment to renewable energy can play a significant role in meeting certain ESG criteria. A company’s ESG ranking can represent its risks and opportunities profile, influence its access to capital, and demonstrate its ability to create long-term value.
Gexa Energy is a subsidiary of NextEra Energy Resources, a leader in battery storage and world’s largest producer of renewable energy from the wind and sun. We are uniquely positioned to analyze, facilitate and execute your battery storage project and ensure a cohesive fit with your overall energy strategy.
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Gexa Energy Solutions, LLC is a subsidiary of Gexa Energy LP and NextEra Energy, Inc. ESCO (Energy Service Company) projects within Gexa Energy’s service territories are conducted by Gexa Energy Solutions.