What is Energy Storage Systems ?
Energy storage refers to the capture of energy produced at one time for use at a later time. This process allows for greater flexibility and reliability in managing energy supply, particularly with the increasing use of renewable energy sources like wind and solar, which are intermittent in nature. Energy storage systems can store energy in various forms, such as electrical, thermal, chemical, mechanical, and gravitational energy. Types of Energy Storage: Battery Storage : Lithium-Ion Batteries : The most common type of battery storage, widely used in electric vehicles (EVs) and grid storage. They offer high energy density, efficiency, and a long lifecycle. Lead-Acid Batteries : An older technology, still used in some stationary applications, but less efficient and with a shorter lifespan than lithium-ion. Flow Batteries : Store energy in liquid electrolytes, offering scalability and long discharge times, ideal for large-scale energy storage. Pumped Hydro Storage : Uses gravitational p...