Throughout this concise review, we examine energy storage technologies role in driving innovation in mechanical, electrical, chemical, and thermal systems with a focus on their methods, objectives, novelties, and major findings. As a result of a comprehensive analysis, this report identifies gaps and proposes strategies to address them.
They also intend to effect the potential advancements in storage of energy by advancing energy sources. Renewable energy integration and decarbonization of world energy systems are made possible by the use of energy storage technologies.
In January 2022, the National Development and Reform Commission and the National Energy Administration jointly issued the Implementation Plan for the Development of New Energy Storage during the 14th Five-Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system.
The energy storage industry is going through a critical period of transition from the early commercial stage to development on a large scale. Whether it can thrive in the next stage depends on its economics.
4.3.3. Expert opinion Research efforts need to be focused on robustness, safety, and environmental friendliness of chemical energy storage technologies. This can be promoted by initiatives in electrode materials, electrolyte formulations, and battery management systems.
By contrast, the concept of multi-functional energy storage systems is gaining momentum towards integrating energy storage with hundreds of new types of home appliances, electric vehicles, smart grids, and demand-side management, which are an effective method as a complete recipe for increasing flexibility, resistance, and endurance.