Structured Summary
- Thermal energy storage systems can reduce energy costs by optimizing energy usage during off-peak hours.
- These systems can also help reduce carbon emissions by integrating renewable energy sources and minimizing reliance on fossil fuels.
Optimizing Energy Usage
Thermal energy storage systems can reduce energy costs by storing excess energy during off-peak hours when electricity rates are lower. This stored energy can then be used during peak hours, reducing the need to draw power from the grid when rates are higher.
Integration of Renewable Energy Sources
By integrating thermal energy storage systems with renewable energy sources such as solar or wind power, excess energy generated during periods of high production can be stored for later use. This reduces the need for fossil fuel-based energy generation, thereby lowering carbon emissions.