With energy prices going up and down and the costs of running a business increasing, companies are really struggling to keep a handle on their finances. Out of the numerous solutions to save on costs, having energy storage systems in place for commercial and industrial use includes saving the environment. Origotek Co., Ltd. has harnessed this opportunity and in the 16 years of this in the field, has helped numerous companies save costs by optimized energy storage systems. His 4th generation products enhance this even more in varying of business realities.

1. Peaking and Off-Peak Rates: Cutting the Cost of Electricity Purchases

Peak and off-peak energy storage systems are some of the simplest ways to save on running costs. Most regions have a tiered pricing system, where during the peak demand times, usually daytime production hours, the prices are extremely high and during nighttime, the prices drop significantly. An efficient energy storage system charges on the off-peak hours and then takes the place of expensive grid power during peak hours.

The advanced fourth-generation offering from Origotek includes commercial and industrial energy storage systems with smart scheduling capabilities. This means the systems analyze real-time production and electricity pricing, deciding when to charge or discharge the system. For example, in a location with a peak-valley difference of $0.15/kWh, a manufacturing business can save 30% on electricity bills with a 1MWh energy storage system. Given the 10+ years length of service, this reduction in direct costs adds up.
Replacing traditional backup power is a big plus for commercial and industrial enterprises. Diesel generators and other backup power sources are expensive to refuel, purchase, and maintain. This makes the operational costs unsustainable in the long-term. Designed energy storage backup systems are economically viable and remove all the traditional system drawbacks.

Maintenance costs are cheaper (about half the cost of diesel generators) because energy storage systems don’t need constant fuel refill and mechanical pump repair. Very reliable products from Origotek can back up critical systems like production lines and scales for 4-8 hours, saving friends operations without fuel and machine maintenance. No fuel and machine maintenance provides significant savings. Having energy regulation systems and backup power makes energy storage cheaper storage than backup solutions. Energy storage systems don’t require any maintenance. Mechanical maintenance savings are about half the cost of generators.

Not only electricity is wasted. Poor energy utilization can cause more indirect costs like equipment damage due to inadequate control. Voltage control fluctuation, unbalanced 3-phase power, and wear of production machinery are indirectly costly issues that can be solved with commercial and industrial energy storage systems. These systems can be installed as an energy buffer to control grid fluctuations, wear, and maintenance or costly, early replacement.

Plus, companies with distributed energy resources, like self-owned solar panels, put energy storage systems to good use by keeping excess electricity generated during the day to avoid giving power back to the grid at low prices. This stored energy is used when the solar panels aren’t generating enough energy, meaning even more self-generated energy is utilized, minimizing grid electricity purchases. Origotek's customized solutions for various sectors, like manufacturing, logistics, and data centers, make sure that energy storage systems adapt to the specific rhythms of production in order to further improve energy efficiency and reduce indirect cost losses.

4. Supporting Long Term Cost Stability with Mature Technology

The maturity of technology dictates the reliability and cost efficiency of commercial and industrial energy storage. Over the last 16 years of R&D, Origotek has improved energy density, service life, and system cost, advancing from first to fourth generation products. Now, with a cycle life of over 10,000 times, the system cost is less than 10% of the initial investment each year.

Also, since The Origotek is a collaboration between Tianjin Lishen Battery Co. and Shandong Shangcun Energy Co. The Origotek is able to use their parent companies supply chains to effectively manage and control cost of their components. The use of mature technology and refined supply chains allows enterprises to avoid unexpected immature solutions and instead turn to commercial and industrial energy storage for long term cost operational cost stability to avoid unexpected immature expenses.

Conclusion

With cost control being an integral part to businesses and companies compete against each other, commercial and industrial energy solutions are no longer just “sustainable” but a “business necessary” for cost savings. Origotek, after 16 years and 4th generation products, will continue to provide highly advanced tailored energy solutions to help enterprises save operational costs while achieving "battery independence".