ABB Debuts Battery Energy Storage Systems-as-a-Service

ABB launched its new Battery Energy Storage Systems-as-a-Service (BESS-as-a-Service), a flexible, zero-CapEx solution designed to accelerate the shift to clean, resilient and affordable energy.

BESS-as-a-Service is the first in a range of next-generation service models being developed by ABB to remove the barriers to clean technology adoption and accelerate industries’ transition to net zero.

"In today’s volatile energy market, businesses need reliability and cost predictability above all else. Customers tell us that while they want to deploy the latest technologies to improve energy security and reduce their emissions and costs, they face financial obstacles. By shifting from capital expenditure to a more predictable operational expenditure approach, ABB’s BESS-as-a-Service enables businesses to immediately strengthen their energy security, slash peak demand charges, and generate new revenue streams. We see BESS-as-a-Service as not just a new offering but a strategic lever for the Division’s growth and innovation. We see significant potential to scale this globally, especially as more industries seek flexible, low-risk pathways to decarbonization," says Stuart Thompson, division president at ABB’s Electrification Service Division.

Key takeaways:

·        BESS-as-a-Service enables companies spanning a wide range of industries – from data centers to transport and logistics to commercial buildings – to benefit from advanced energy storage through a quarterly service fee. 

·        Designed to be technology-agnostic, BESS-as-a-Service works with any type of battery technology.

·        By managing all aspects of energy market participation, ABB enables customers to effortlessly reap immediate financial benefits from selling excess energy.