The company’s distributed energy storage solutions combine massive arrays of industrial-strength lithium-ion batteries with specialized software and control systems to enable flexible energy optimization.
Battery Energy Storage Systems support the integration of flexible generation resources and provide intelligent resilience to the regional electricity grid. Ottawa BESS 2 will further support the electrification of transport and the environmental sustainability goals laid out by the plans from the City of Ottawa.
This represented the largest energy storage procurement ever in Canada. A report was tabled at the November 30, 2023 Agricultural and Rural Affairs Committee on four proposed BESS projects within Ottawa, one of which project received Council support, known as a Municipal Support Resolution (MSR).
Distributed Energy Resource (DER) means an electricity source that is connected to a distribution system for the purpose of providing energy, typically through a connection on the customer-side of an ownership demarcation point. Sources generate electricity (e.g. generation facilities and energy storage facilities when discharging).
Our residential energy storage systems allow homeowners to store the energy produced by their solar panels during the day and use it at night or during periods of low sunlight. With our energy storage systems, residents can reduce their dependence on the grid and enjoy greater energy independence.
ABB provides a Distributed Energy Storage (DES) system, a packaged solution for storing energy for later consumption. The two essential components of the system are the DC-charged batteries and the bi-directional inverter. This equipment is enclosed in a shipping-friendly shell that can tolerate harsh conditions.
The global residential solar storage and inverter market is experiencing rapid expansion, with demand increasing by over 300% in the past three years. Home energy storage solutions now account for approximately 35% of all new residential solar installations worldwide. North America leads with 38% market share, driven by homeowner energy independence goals and federal tax credits that reduce total system costs by 26-30%. Europe follows with 32% market share, where standardized home storage designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting residential storage for backup power and energy cost reduction, with typical payback periods of 4-7 years. Modern home installations now feature integrated systems with 10-30kWh capacity at costs below $700/kWh for complete residential energy solutions.
Technological advancements are dramatically improving home solar storage and inverter performance while reducing costs. Next-generation battery management systems maintain optimal performance with 40% less energy loss, extending battery lifespan to 15+ years. Standardized plug-and-play designs have reduced installation costs from $1,200/kW to $650/kW since 2022. Smart integration features now allow home systems to operate as virtual power plants, increasing homeowner savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for solar storage installations. New modular designs enable capacity expansion through simple battery additions at just $600/kWh for incremental storage. These innovations have improved ROI significantly, with residential projects typically achieving payback in 5-8 years depending on local electricity rates and incentive programs. Recent pricing trends show standard home systems (5-10kWh) starting at $8,000 and premium systems (15-20kWh) from $12,000, with financing options available for homeowners.