The operations related to reducing cost of energy consumption and/or increasing income
from electricity and heat generation.
Energy management is also an application area for energy storages. In these applications
the electric storage is used to decouple the timing of generation and consumption of
electric energy. A typical application is load levelling, which involves the charging of
storage when energy cost is low and utilization as needed. This would also enable
consumers to be grid-independent for many hours. Heat storages can be used to decouple
electricity generation from a CHP unit and its associated heat consumption.