Batteries are widely used in the home energy storage industry, mainly including the following aspects:

‌ Lower electricity and energy costs ‌ : Home energy storage systems can reduce electricity costs by storing electricity when prices are low and releasing it when prices are high. In addition, energy storage systems can store renewable energy sources such as solar and wind, reducing reliance on the grid and further reducing energy costs. 

‌ improve energy efficiency ‌ : the home energy storage system can store excess electric energy in the off-peak hours and release it in the peak hours, thereby improving the efficiency of energy and reducing waste. By combining with the smart home system, the power can be allocated according to the real-time power demand, and the energy storage power is preferentially used to supply low-consumption equipment to maximize the energy utilization. 

‌ coping with power outage and as backup power supply ‌ : in case of power grid outage caused by natural disasters or emergencies, home energy storage system can be used as backup power supply to ensure basic electricity consumption, such as lighting, refrigerator, mobile phone charging. Large capacity energy storage systems can support long-term family operation, suitable for remote areas or areas with unstable power grids. 

‌ support the application of solar photovoltaic system ‌ : home photovoltaic system in the daytime power generation usually exceeds the immediate demand for electricity, energy storage system can store the excess power for use at night or rainy days, to achieve self-sufficiency in power. In addition, energy storage systems can share the load of high-power appliances and reduce the pressure on the grid. 

‌ Environmental protection and energy conservation ‌ : the use of renewable energy power generation and energy storage battery, can reduce the dependence on traditional energy, reduce carbon emissions, energy conservation and emission reduction. Home energy storage systems can store clean energy, reduce the use of fossil energy, and help achieve a low-carbon life. 

‌ market outlook ‌ : With the popularity of distributed photovoltaic systems and the development of smart grids, the market demand for home energy storage systems is increasing. Technological progress and policy support will further promote the development of the home energy storage industry, and the market is expected to continue to maintain a rapid growth trend in the next few years ‌