ABB has launched a new battery energy storage systems-as-a-service (BESS-as-a-Service) solution, which they say is designed to remove financial and operational hurdles, helping companies diversify their energy mix.

According to the Swiss tech company, the solution requires no upfront capital investment and enables companies to benefit from advanced energy storage through a quarterly service fee.

The offer includes all hardware, software, and lifecycle support, with ABB managing deployment, maintenance, and optimisation, so businesses can focus on their core operations while improving energy efficiency and resilience.

Commenting in a release was Stuart Thompson, division president, at ABB’s Electrification Service Division: “In today’s volatile energy market, businesses need reliability and cost predictability above all else.

“By shifting from capital expenditure to a more predictable operational expenditure approach, ABB’s BESS-as-a-Service enables businesses to immediately strengthen their energy security, slash peak demand charges, and generate new revenue streams. We see BESS-as-a-Service as not just a new offering but a strategic lever for the division’s growth and innovation. We see significant potential to scale this globally, especially as more industries seek flexible, low-risk pathways to decarbonization.”

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According to ABB, the BESS-as-a-Service model is compatible with any type of battery technology, offering companies flexibility of choice.

ABB is currently conducting feasibility assessments with prospective customers to ensure immediate financial benefits before the deployment of BESS-as-a-Service. This evaluation is a prerequisite for installation.

ABB says they have partnered with a diverse, strategic ecosystem of expert partners, bringing strength in the latest energy monitoring software, data analytics and financial modelling.

Said Thompson: “With BESS-as-a-Service, we are redefining the economics of clean energy adoption – delivering the flexibility and financial returns businesses need to decarbonise with confidence.

“It allows businesses to adopt advanced energy solutions without the financial strain of large capital investment and empowers them to take control of their energy needs, strengthen their resilience and unlock new value from their assets.”

According to ABB, the solution is underpinned by performance guarantees, as well as coverage for maintenance costs and energy trading brokerage fees. ABB will manage all aspects of energy market participation, to enable customers to gain immediate financial benefits from selling excess energy.

ABB cites IEA projections of a sixfold increase in global storage capacity by 2030, with commercial and industrial systems alone expected to surge nearly tenfold to 560 GWh – underscoring the critical role of battery energy storage in a cleaner power system.

via Smart Energy International https://ift.tt/Ne1J23X