Electric storage resources: Overview, definition, and example
What is electric storage resources?
Electric storage resources are systems or devices that store electricity for later use. They take in energy when it’s generated—often during times of low demand or high production—and release it when it’s needed, such as during peak hours or outages. Common examples include batteries, flywheels, pumped hydro storage, and compressed air systems.
In simple terms, they’re like giant rechargeable batteries that help balance supply and demand in the power grid.
Why is electric storage resources important?
As more businesses and utilities turn to renewable energy like solar and wind, the ability to store electricity becomes more important—because those sources don’t produce power all the time. Electric storage resources help smooth out these ups and downs, making energy supply more stable and reliable.
They can reduce energy costs, provide backup power, and support grid stability. In legal agreements—especially energy supply, utility, or infrastructure contracts—this term might define who owns or operates the storage system, how it's used, and what regulations apply.
For SMBs exploring energy efficiency or backup systems, understanding this term helps you make informed decisions about power resilience and cost-saving options.
Understanding electric storage resources through an example
Let’s say your warehouse uses solar panels that generate more electricity during the day than your business needs. You install a battery storage system to hold the extra power and use it at night when the panels aren’t producing.
That battery system is an electric storage resource—it captures, stores, and releases energy to help you reduce reliance on the grid and lower your electric bill.
If you’re part of a community solar project or utility program, the provider might use shared storage resources to manage how energy is delivered across multiple users.
An example of an electric storage resources clause
Here’s how this clause might appear in an energy services agreement:
“The Customer agrees that any Electric Storage Resources installed on-site shall be operated in accordance with applicable regulations and utility guidelines. Stored energy may be discharged for on-site use, peak shaving, or participation in demand response programs, subject to prior written agreement.”
Conclusion
Electric storage resources are becoming a vital part of modern energy systems. They make it possible to store power when it’s cheap or abundant and use it when it’s needed most—helping businesses save money, reduce outages, and support clean energy goals.
If your business is considering solar, backup power, or energy cost management, understanding and leveraging electric storage resources can give you more control and stability over your energy use.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.