4 Main Reasons Why You Should Use Solar Power For Your Home

/在：

Solar energy is environmentally friendly, renewable, and abundant. As the cost of electricity from traditional sources rises year after year, more homeowners are switching to solar energy. The following are the 4 main reasons why you should choose solar power for your home.

1. Energy independence

When a home is entirely powered by solar energy, it can become completely off-grid, especially when the system is supplemented by a solar battery system that provides power during the evening hours. These battery systems can also turn solar systems into emergency backups during power outages.

2. Reduce your electricity bills

As an alternative or supplement to purchasing electricity from the grid, solar energy can be a cost-effective way for most consumers to power their homes. The rise in power prices provides consumers with the opportunity to save significantly on their electric bills by switching to solar power.

3. Low-Maintenance

As long as the solar system remains unaffected by environmental factors after installation, it seldom requires maintenance. If kept clean and debris-free, solar panels should last many years without requiring further maintenance.

4. Help the environment and benefit us all.

Installing solar PV panels on your roof is one of the most straightforward and cost-effective ways to contribute to a more sustainable future.

Starting with your own home is an excellent way to demonstrate your concern for reducing your carbon footprint. In fact, installing a small 1 kW solar electricity system saves an incredible 1.5 tons of CO2 per year.

 

Overview of Energy Storage Market in the world

/在：

In the context of carbon neutrality, the global energy supply transition has accelerated and the rise of clean energy has driven the rapid development of the energy storage industry.

Mature markets like Europe, USA, Japan, South Korea, and Australia have seen steady growth in demand, and emerging markets such as Brazil, Ireland, India, Africa, and Egypt, are also exploding with new demand increments

Market overview of some countries:

Germany

Germany is the largest household energy storage market in Europe, the government encourages self-generation and self-consumption, and Subsidy benefits can be obtained after the excess power is connected to the grid; renewable energy production currently accounts for 49% of electricity demand, due to the war between Russia and Ukraine, the flow of natural gas from Russia is reduced, Germany still has energy shortages, there’s still a lot of expansion capacity for the energy storage market

United Kingdom

One of the TOP-three European markets, 2020 liberalized the scale of energy storage project applications, the front of the Meter Market is growing rapidly; but due to the low growth rate of household PV installation, the UK household energy storage market growth is relatively slow.

Australia

Approximately 71% of the electricity consumed in 2021 still comes from fossil fuels, with coal power accounting for 51%. “Older coal-fired units still operating in Australia have exceeded their projected lifespans, so power stations tend to rotate out of service between them for maintenance, As a result, leading to chronic electricity supply shortages in Australia

Japan

Japan’s power supply and demand are severe due to COVID-19, frequent extreme weather conditions, fossil fuel shortages, geopolitical conflicts, and nuclear power leaks. The user-side energy storage has reached 3GWh in Japan by 2020 and is continuing to climb

The Middle East and North Africa

In recent years, solar power has taken off in the MENA region, with some of the world’s largest projects coming to fruition. As countries continue to implement their “decarbonization” goals, the development of the region’s energy storage market remains one of the most critical aspects