Austria has launched a new subsidy scheme for residential batteries. The Ministry of Climate Action and Energy is providing a total of €15 million ($16.1 million) to support the installation of new storage systems and the expansion of existing systems used in combination with renewable energy.
[pdf] This is primarily achieved through the use of a BMS (Battery Management System) to monitor the state of lithium batteries and temperature control equipment to regulate the constant temperature of lithium batteries. BMS is the backbone of thermal management in energy storage systems.
[pdf] Battery Energy Storage Systems (BESS) are devices that store energy in batteries for later use. They are designed to balance supply and demand, provide backup power, and enhance the efficiency and reliability of the electricity grid.
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