2021 Most Preferred Load Bank Models and Resistive System
One of the most flexible ways to validate critical power systems and components is by using load banks. There’s no denying that fact that the load banks industry is at an advanced level and projected to reach USD 203.3 million by 2026. Load banks are considered a crucial asset for any industry to have because they play a pivotal role in making sure the proper running of expensive equipment in the event of power outages.
What is a Load Bank?
A load bank can be better explained as a device designed to provide an artificial load used to test the reliability of generator output, electrical switching, and uninterruptable power supply (UPS) systems. It is also used to reduce the problems of “wet stacking” in diesel engines of backup generating systems. Overall, load banks are important as they are used in many ways, including battery system testing, load optimization in prime power applications, ground power testing, factory testing of generator sets, and factory testing of turbines.
Preferable Load Bank Model in 2021
Given how the resistive load bank market is showing incredible possibilities, it is safe to assume that it might be the most preferable load bank model in 2021. Resistive load banks are the most common type. It is because a resistive load bank enables you to test a prime mover and a generator at a 100% capacity. It removes energy from the complete system while also eliminating additional energy as well.
One of the primary reasons why resistive load banks are possibly going to be more preferable in 2021 is their use in a variety of ways i.e., periodic exercising of standby engine generator sets, factory testing of generator sets, battery system testing, load optimization in prime power applications, and ground power testing.
According to the resistive load bank market report, the forecast for 2025 looks promising. As the future trends in the resistive load bank market look encouraging, it is safe to assume that the future is full of opportunities.
Why The Growth in Demand for Resistive Load Banks?
There are three energy trends that are actually driving the global load bank market. Take an example of renewable energy systems. The growth in the generation for renewable energy has already increased the demand for load banks and it is expected to create significant demand in the coming years as well. Wind and solar renewable energy systems require extensive load bank testing to check and approve various applications.
The second trend is the rise in distributed power generation that depends on load bank applications to test interconnections with the grid and other electrical connections. With load banks, especially resistive load banks, there is a greater level of control and enhanced systems compliance.
The third trend is the growth in the smart grid market. As we know that smart grids help enhance energy distribution, they converge both analog and digital information. It explains why load banks have become extremely important in any smart grid system as they help ensure fast and safe commissioning of substation components.