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- ESS (Energy Storage System):
a system that stores electricity for later use. - BESS (Battery Energy Storage System):
an ESS that uses batteries to store electricity. - AIO (All-In-One):
a compact unit that combines batteries, inverter, and controllers in one product. - Inverter:
a device that converts electricity from direct current (DC) — used in batteries and solar panels — to alternating current (AC), which powers your home and the grid. - EMS (Energy Management System):
AI-driven smart software/hardware that controls and handles how energy flows between your home, battery, solar, and the grid. - VPP (Virtual Power Plant):
a network of many home batteries working together like one big power plant, trading electricity on energy markets. - Grid export:
selling electricity from your battery or solar panels into the public grid. - Grid import:
buying electricity from the public grid (e.g., when prices are low). - Savings:
reduction in your electricity bill by using stored cheap energy instead of expensive peak-time electricity. - Earnings:
extra income you receive when your battery participates in trading activities through the Besst VPP. - Besst VPP:
Besst’s Virtual Power Plant platform, where all connected household batteries operate together on the energy market. - Besst partner:
a household or business that owns/uses a Besst AIO and participates in the Besst VPP. - Community business model:
the way Besst unites thousands of small partners into one cooperative power system, sharing revenues fairly. - DSO (Distribution System Operator):
local company that manages electricity distribution lines to your home (responsible for meters and connection approvals). - TSO (Transmission System Operator):
national operator that manages high-voltage electricity transmission and balancing of the whole power system. - MPPT (Maximum Power Point Tracking):
a smart controller inside the inverter that ensures solar panels always deliver maximum output. - Ancillary markets (balancing):
special electricity markets where batteries provide grid balancing services (frequency regulation, reserve capacity).