Power outages often strike quickly and with little warning, leading to downtime and massive repair costs—and disaster preparation rarely occurs until it’s too late. Fortunately, most of these losses are completely preventable by investing in energy storage solutions like battery backup power.
The cost of a power outage
Even short-term power outages can be disastrous and costly, leading to substantial productivity losses. Sudden power failures can even destroy valuable equipment. Power outages cost the U.S. tens of billions of dollars each year , with 67% of those costs caused by power outages that are fewer than five minutes.
The longer the outage, the greater the cost to productivity. In manufacturing, a few days of downtime can create hundreds of thousands of dollars in losses—even before factoring in any necessary repairs caused by the outage.
And while some industries are more heavily affected than others, outage-associated losses transcend market boundaries and pose a risk to any business that relies on a consistent electrical supply. Stores, health care facilities, and even financial firms all face annual outage-related expenses, alongside larger industrial complexes.
Severe weather is the most common precipitating factor for power outages, including both massive hurricanes and more common thunderstorms. Larger storms are far more expensive, costing U.S. businesses billions of dollars during the hurricane season. But even a single lightning strike can be enough to harm local facilities.
Other unpredictable factors can also lead to an outage, including spontaneous equipment failures, wildlife interactions with power lines, car accidents, and other forms of human error. By contrast, some outages are planned, like a scheduled blackout to combat wildfire conditions. Because these conditions are so varied, ubiquitous, and uncontrollable, no company should consider itself safe from outages and should plan accordingly to mitigate losses.
How energy storage can help
The single most important step to preventing harmful outages is to install a comprehensive battery backup energy storage solution.
Few other investments promise to increase a facility’s resilience more than a secure, readily accessible source of energy that can be supplied by an appropriately sized energy storage system.
Still, it’s not enough to simply install any energy storage system and hope for the best. Instead, companies should invest in high-quality energy storage systems that start up instantaneously when power loss is detected, ensuring a smooth transition from grid to battery backup power. This precaution ensures that operations are minimally impacted and can continue seamlessly without manual intervention.
Another important consideration is whether the system is scalable. As a facility expands, it can be prohibitively expensive to replace and refit backup generators. A scalable solution is one that grows with your company, minimizing the need to start over with an upgraded system.
As consumers and corporate leaders become more aware of environmental responsibility, it’s worth considering whether your backup power system can incorporate renewable sources of energy, which, as a bonus, can sometimes reduce costs even further through demand charge reduction.
Dynapower’s energy storage solutions
At Dynapower, we’ve designed our innovative energy storage solutions with these crucial considerations in mind. Our inverters provide continuous monitoring of the grid’s function, coupled with state-of-the-art Dynamic Transfer technology that facilitates a quick switch to and from backup power when certain thresholds are reached.
These voltage and frequency cut-offs are customizable, so each facility can define their own energy storage needs. When Dynamic Transfer is activated, the inverter isolates itself from the grid and transitions into grid forming mode, a state in which the inverter delivers power independently of the external power grid.
Our MPS line extends this capability even further, paralleling multiple units in grid forming mode to seamlessly scale distribution. The MPS-i125 EHV is also compatible with other distributed energy resources like solar and wind, as well as traditional generator sets—making it easy to adopt renewable solutions alongside traditional sources of power.
Do more with Dynapower
Dynapower systems are flexible, efficient, and fully backed by industry experts. Our team has been deploying power conversion equipment since 1963, and every one of those installations is supported by a responsive service team that provides round-the-clock technical support along with on-site maintenance, service, and repairs.
Don’t wait until a disastrous outage strikes your facility: safeguard your operations with an advanced Dynapower energy storage solution. Contact us today for more information.