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Reaching Ambitious Carbon Goals with Cost-Efficient Energy Storage

April 13, 2024
in Business
Reaching Ambitious Carbon Goals with Cost-Efficient Energy Storage
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The consensus on climate change—and on organizations’ responsibility for fighting it—has long been clear.

Enterprises’ ongoing efforts to alleviate the crisis through strategies including low-carbon manufacturing, upgrading supply and distribution chains, and strengthening the circular economy all support social responsibility as well as long-term business value.

While some organizations succeed in aligning sustainability goals with their mission, engaging employees and stakeholders, and measuring progress, many struggle to implement their ambitious strategies for reducing carbon emissions, which may require large investments in innovative technologies and infrastructure, changing processes, and staying in regulatory compliance.

To economically practice low-carbon design and manufacturing, circular economy life cycles, and sustainable partnerships across their supply and value chains, some enterprises are making strides by pairing with energy partners that introduce elevated sustainability expertise, strategies, and resources globally, regionally, and locally.

Better with Battery Power

One vital component of a carbon-reduction plan is use of lithium-ion energy storage batteries.

Renewable energy sources generate lower carbon emissions than traditional sources. And lithium-ion batteries help promote the use of renewable energy by increasing the efficiency of renewable energy, improving air quality, and promoting more widespread adoption of carbon-neutral policies.

Lithium-ion batteries can help organizations stabilize grids, reduce their reliance on fossil fuels for peak power needs, and enable wider use of electric vehicles. They can also help organizations that rely on intermittent renewable energy sources such as solar and wind power, helping them use such energy more effectively and minimize emissions from power generation and distribution.

And they offer sustainable mobile energy storage for electric vehicles, drones, and ships, reduce carbon dioxide emissions and air pollutants, and help reduce fuel consumption and air pollution from drones.

By storing power during peak hours and releasing it during peak demand, energy storage batteries can help companies balance the load on the power grid and provide reliable backup power with intelligent scheduling for real-time need, as well as provide critical backup energy in the event of a grid emergency.

As the technology continues to evolve and costs continue to fall, batteries’ adoption and application may become more widespread, boosting their role in fighting climate change.

Battery producer REPT Battero extends the accessibility of these products to more organizations. It offers a wide range of new energy applications, including standardized and customizable batteries for electric vehicles and energy storage systems, to fit specific operational needs and emissions targets. And its smart software control and forecasting tools help customers predict and manage their optimal storage capacity and discharge cycles, saving energy consumption and costs.

Regional and Global Expertise

Enterprises can boost their sustainability efforts by working with energy partners that bring both expertise and resources at the global and local levels.

Being part of a larger organization, Tsingshan Holding Group, amplifies REPT Battero’s research, development, and production of lithium-ion cells for vehicles and energy storage, giving enterprise customers access to powerful technology and engineering to improve their energy strategy, resource use, emissions, and costs.

REPT Battero’s Wending battery has higher energy density and efficiency than traditional cells do, holding 15% more energy, generating 10% less heat, and occupying a 15% smaller footprint.

Tsingshan’s investments in Indonesia’s nickel industry, stainless steel production, and other manufacturers help give its customers in the region a reliable supply of raw materials, more cost-effective production, and more opportunity to develop efficiency innovations. And with its large regional presence, its sustainable development practices help it boost energy conservation, carbon neutrality, and environmental protection.

In Indonesia, REPT Battero’s energy storage system has reduced customers’ power waste by 40%, providing the necessary amount of energy during peak and off-peak hours. Further, the company has upgraded its truck transportation of its batteries to an environmentally friendly monorail system that lowers its own carbon emissions.

Working with a global energy partner is particularly important for energy-dependent organizations with a global presence. Factors including geography, politics, and regulations for environmental and social governance and recycling encourage companies in some regions to emphasize sustainability innovations and others to focus on current market competition.

Accommodating such differences is critical for an organization that needs to scale its sustainability policies regionally or globally. Partnership with a large battery expert can be invaluable to advancing efforts to reduce carbon consumption.

A Battery Built for the Future

The health and well-being of the planet are every organization’s responsibility, both to the communities it serves and to the stakeholders in its business.

Partnering with a lithium-ion battery provider with an expansive reach and innovative spirit can help an organization boost its circularity and sustainability.

Organizations working with REPT Battero team up with a partner that prioritizes research for maximizing energy density and minimizing material usage, designing batteries for recyclability, collaborating with recyclers, and encouraging responsible disposal and circularity for a smarter, safer, more sustainable world.

Learn more about REPT Battero’s partnership on sustainability and its energy-efficient Wending lithium-ion battery.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Harvard Business – https://hbr.org/sponsored/2024/04/reaching-ambitious-carbon-goals-with-cost-efficient-energy-storage

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