Thermal Energy Storage: A Guide for Commercial Facility Managers
Preserving the environment is also caring for humanity. As facility manager, you are more than authorized to be concerned about the sustainability of a building. With Australia’s rising energy prices, cutting energy costs is one of the priorities of commercial facility managers. The best way to mobilize energy cost reduction is by having a thermal energy storage system. If you’re new and looking into a Caloundra commercial property, here’s an overview about energy storage systems:
Energy Storage Systems
Energy storage helps in stabilizing the energy grid and prevents expensive energy spikes. Systems can be thermal, mechanical, or chemical.
Meanwhile, renewable energy is often associated with wind and solar storage. For instance, if you have been to coastal areas such as the rental properties Sunshine Coast has these days, you may have often heard the words “solar” and “energy” together. This is because residents use solar energy storage and panels on their roofs because of sunlight abundance.
Despite solar panels’ popularity in residential rentals Henzells has these days, some of them don’t go with a Caloundra commercial property. The wind and solar energy storage systems can be inconsistent. Factors like unpredictable breezes and inconsistent sunlight could disrupt or limit storage capacity in a building.
Therefore, energy storage like thermal and batteries are more suitable for a building.
Thermal Energy Storage
Thermal Energy Storage Systems (TES) has a capacity to store ton-hours of chilled water, allowing water to be chilled during the night when energy rates are not so high. A Caloundra commercial property, for instance, can avoid other problems aside from money concerns by getting a TES.
Thermal Storage Systems helps eliminate humidity in commercial buildings which is beneficial for employees’ comfort and dehumidifying indoor air. Indoor air pollution, by the way, can still happen even if there’s a functioning HVAC system. Moreover, thermal energy can also help in minimizing power demands and offset cooling tower usage.
What can Facility Managers do?
Smart facility managers think like a Chief Financial Officer (CFO). They take long-term energy projects. Most of the time, they are effective—to save on energy bills, other facility managers even decide to go off the grid for good. In addition, short-term paybacks from energy-related decisions also usually amount to little progress.
If you’re a facility manager in the Sunshine Coast, always think about the Return on Investment (ROI) when managing a commercial property. Cherry-picking and neglecting the balance between small and huge energy saving projects slow progress. With the right energy project bundles, the rentals Sunshine Coast has these days can become attractive investments.
Meanwhile, focusing on ROI includes matching a capital project with smaller energy conservation measures. It’s like having two jobs—you may be earning small from a sideline, but you’re still earning.
If you take mixed energy projects, you can achieve more goals like lowering energy and repair costs. Smart facility managers also think about incentives from utility potential savings and long-term cash flow.
Today, despite the thermal energy storage market topping A$6 billion, it still needs the government’s and the industry’s attention. The incentives are not enough—policies must be lucrative enough for the market to grow and for the environment to survive as well.