Why is energy storage important?
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Energy storage plays an important role in this balancing act and helps to create a more flexible and reliable grid system. For example, when there is more supply than demand, such as during the night when low-cost power plants continue to operate, the excess electricity generation can be used to power storage devices.
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Answer: Energy storage is of interest to the utility because they can store energy that is produced by their plants and not used (such as wind energy at night) and release the stored energy during the day when the demand is higher (and also the cost).
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