what if you could...
Pay less for the energy you use?
Depending on the time of day and the grid that you're on, it's very common to have peak energy rates much higher than the off peak rate.
In these cases, you can use the battery to charge at the lower rates and discharge at the higher rates, saving a significant amount of money.
And if you don't need to use that energy, you can trade it back to the grid when prices rise, unlocking a new revenue stream for your business.
Guarantee uninterruptible power?
For businesses that require 100% uptime from their infrastructure, including their electrical assets, back-up power is a must.
By storing energy in on-site battery systems, you can ensure that even in the event of a grid outage, you'll have uninterrupted, clean power.
And with a BESS, reaction times are in the milliseconds, meaning less costly downtime for your business.
Meet your sustainability goals and lower costs at the same time?
BESS-as-a-Service helps businesses save on energy costs by using stored power when grid rates are highest and providing backup power during outages. Businesses can store solar energy during the day when the sun is shining, and then use it at night, whilst also ensuring that the power they're using is always renewable.
It's a great example of being both more cost efficient and more sustainable at the same time.
Do all this with no capital expenditure?
ABB Electrification Service’s unique as-a-service model means that you can power your possibilities, thanks to a BESS solution, with no upfront capital expenditure. All the hardware, software, and support services are included in the as-a-service package.
We take care of the design of the system, the installation and commissioning including capital works, and even the ongoing maintenance of the system.
To find out more, request an obligation-free feasibility assessment.
You can,
with BESS-as-a-Service from ABB
engineered to outrun
engineered to outrun
engineered to outrun
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Outrun the changing energy landscape: The case for battery energy storage systems in the oil and gas industry
By Andressa Ferraz
Sustainability Advisory Services Leader for the EMEA region
The global energy landscape is undergoing a significant transformation, with industries striving to balance efficiency and resilience, while also making strides toward our collective net zero future. For the oil and gas sector, this shift is particularly critical as the demand for energy efficiency and reduced carbon emissions intensifies. The modernization of the oil and gas industry relies on cost optimization, improved sustainability, and enhanced power continuity – all benefits that are offered by Battery Energy Storage Systems (BESS), says Andressa Ferraz, Sustainability Advisory Services Leader for the EMEA region.
Read more
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Outrun the changing energy landscape: The case for battery energy storage systems in the oil and gas industry
By Andressa Ferraz
Sustainability Advisory Services Leader for the EMEA region
The global energy landscape is undergoing a significant transformation, with industries striving to balance efficiency and resilience, while also making strides toward our collective net zero future. For the oil and gas sector, this shift is particularly critical as the demand for energy efficiency and reduced carbon emissions intensifies. The modernization of the oil and gas industry relies on cost optimization, improved sustainability, and enhanced power continuity – all benefits that are offered by Battery Energy Storage Systems (BESS), says Andressa Ferraz, Sustainability Advisory Services Leader for the EMEA region.
How BESS helps oil and gas operations achieve peak performance
Oil and gas companies operate in energy-intensive environments where costs can fluctuate significantly. Implementing BESS allows these facilities to store energy during off-peak periods when electricity rates are lower and utilize it during peak demand times. This strategic energy management minimizes operational costs and enhances overall profitability.
In addition, BESS helps manage demand charges imposed by utilities by offsetting spikes in energy consumption. This approach not only cuts costs but also stabilizes power usage, making energy expenditures more predictable and manageable.
As well as the clear benefits to the bottom line, BESS solutions help oil and gas businesses meet their growing Environmental, Social, and Governance (ESG) responsibilities.
Renewable energy sources like solar or wind allow companies to significantly reduce their carbon footprint, but they cannot always be relied on to deliver the large amounts of energy that oil and gas facilities demand. A BESS can be implemented to capture excess green energy during periods of high generation, and stored for when the sun doesn’t shine, or the wind doesn’t blow. This advancement directly supports decarbonization goals and enhances their ESG standing.
BESS solutions can be installed in both new and existing projects, enabling companies to meet stringent environmental regulations and align with global sustainability trends, even if they are working with legacy systems and established plants.
Ensuring power continuity and security
A BESS can also be used as part of your back-up power. Compared to inefficient diesel generators, batteries react faster, reducing the duration of unplanned downtime, or even eliminating them completely. By integrating BESS, oil and gas facilities can also reduce dependence on unstable local grids, enhancing energy independence and operational security. Many oil and gas facilities operate in remote locations where access to stable grid power is limited. A BESS provides a dependable power source, ensuring uninterrupted operations even in the most isolated areas.
No upfront capital investment
While BESS offers substantial long-term savings, the upfront costs can be prohibitive for some organizations. They can also require specialist knowledge that you may not yet have in your organization.
Aligning BESS projects with regional regulations and sustainability standards can also be a challenge, but is vital for ensuring smooth implementation and compliance.
But with ABB’s unique BESS-as-a-Service model, all of those concerns can be put aside. Thanks to this model, implementing a BESS on your site is possible with no up-front capital expenditure. In addition, the planning, installation and ongoing maintenance of the equipment is handled by ABB – your single point of contact for all aspects of the implementation. You’ll also get access to management software that allows you to monitor the system from a single screen. And thanks to the savings possible with energy management, many of our customers see a positive financial return from day one.
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Take control of your energy
A guide to BESS-as-a-Service for Facilities and Operations Managers.
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Frequently Asked Questions
What is a BESS (Battery Energy Storage System)?
A battery energy storage system, or BESS, is an onsite solution for energy storage. You can use the battery to store energy purchased from the grid, or energy that you have generated on your own premises. This energy can then be used to smooth out unreliable grid supply, bolster inadequate supply, or act as back-up in the event of total grid failure.
As well as being used for electricity storage, a BESS allows you to engage in energy arbitrage and peak shaving to make the most out of your energy use, and turn power into profit.
Precise battery capacity and chemistry is determined by customer need – ABB will work with you to determine your requirements and deliver a BESS solution that will help you meet all your objectives.
What is energy arbitrage?
Energy arbitrage is the practice of purchasing energy when it is cheap, and selling it back to the grid when the prices are higher.
Businesses that generate their own energy, through solar panels or wind turbines for example, can also choose to sell excess energy back to the grid.
The most efficient way of generating income from energy arbitrage is to use automated software that tracks prices and capacity and programmatically trades energy when the rewards are largest.
What is peak shaving?
Peak shaving is the practice of purchasing energy when rates are low – at night, for example – and storing it in a battery for use when the prices are higher.
The practice empowers businesses to optimise their energy use and reduce their overall operation costs.
What is power smoothing?
The supply of power from electrical grids can sometimes be unreliable, especially when that power is provided via renewable methods. Power smoothing, or grid smoothing, is a practice that uses battery energy storage systems (BESS) to mitigate the problems of variable outputs from the grid.
BESS systems sit between your grid connection and the consumption of power, and use stored energy to smooth out the differences in output so that your equipment receives an uninterrupted, reliable energy supply.
What is the capacity of the battery?
The specifications of the battery you use will be defined by your need. ABB's BESS-as-a-Service solution includes a comprehensive analysis of your business objectives, energy use, and future expansion plans.
ABB guarantees that the useable capacity of your battery will meet your requirements for the life of the battery – even taking into account the natural degradation of battery capacity over time. That means if you need 5MW for 10 years, your battery will be designed to deliver that capacity for the whole life of the system.
How is it possible to get a BESS without any up-front capital expenditure?
ABB's BESS-as-a-Service uses a unique financing model that means there is no up-front capital expenditure required. Instead, the system is paid for using a predictable subscription plan, allowing you to build it into your ongoing operational expenditure.
You can find out more about the financing model in our guide for finance teams.
How do I know if BESS-as-a-Service is right for me?
To find out more about ABB's BESS-as-a-Service offer, and how it can help you take control of energy, request an obligation-free feasibility assessment.
Request an obligation-free feasibility assessment
Engineered
To outrun
Industries