Energy self-consumption refers to the practice of generating renewable energy and utilising it directly within the premises where it is produced. This concept has gained significant relevance in 2023, as the world continues to grapple with the challenges of climate change and the need to transition to sustainable energy sources. It allows individuals, households, and businesses to reduce their reliance on traditional energy grids.
In the future, energy self-consumption is expected to witness significant growth and advancements. The increasing affordability and efficiency of renewable energy technologies, such as solar panels and wind turbines, will make it more accessible for individuals and organisations to generate their own electricity. This will lead to a decentralised energy system, where energy production is distributed across a wide network of self-sufficient units. With the help of energy storage systems, such as batteries, excess energy can be stored for later use, ensuring a continuous and reliable supply.
