Results for tag: "Distributed Energy Storage System"

The Distributed Energy Storage System (DESS) market is a subset of the larger energy storage market. It is composed of systems that are located close to the point of energy consumption, such as residential homes, commercial buildings, and industrial sites. These systems are typically smaller than centralized energy storage systems, and are used to store energy generated from renewable sources such as solar and wind. They can also be used to provide backup power during outages, or to reduce peak demand charges. DESS systems are becoming increasingly popular as they provide a more efficient and cost-effective way to store energy. They also offer a more reliable and resilient energy supply, as they are not dependent on a single source of energy. Some companies in the DESS market include Tesla, LG Chem, BYD, Sonnen, and NEC Energy Solutions. Show Less Read more