Synergies Between Building-Sited Batteries and Thermal Energy Storage

As renewable penetration increases, there is a greater need for energy storage systems located at buildings. This storage can include batteries, which directly shift the metered load, or thermal energy storage, which shifts thermal-driven electric loads like air conditioning. This presentation covers modeling results of the potential demand reduction and annualized cost savings for different combinations of thermal and battery energy storage sizes. It also shows how battery storage can expand the usefulness of thermal energy storage for electric load shaving, and how thermal storage can lower the cost of the overall storage system and extend battery lifetime by reducing cycling.