AMBER Research

Potential Cost Savings for Energy Storage

In this study we developed a rapid approach that allows for visualization of potential cost savings by introducing energy storage as a peak load control for residential buildings in California. A combination of EnergyPlus load data generation, MATLAB post processing, and Google Fusion Tables data presentation analyses the potential cost savings when energy storage is implemented and TOU rates are applied.

Cooling energy daily profile for a (left) house in Twentynine Palms Superimposed Peak (in red) and Nonpeak hours, peak hours Highlighted in Red and (right) house with ideal energy storage systems demonstrating Shift of Energy use

Average (left) and maximum (right) annual cost energy savings for each analyzed home in each California County. Map data: Google, INEGI.