The application scenarios of energy storage technologies are reviewed and investigated, and global and Chinese potential markets for energy storage applications are described. The challenges of large-scale energy storage application in power systems are presented from the aspect of technical and economic considerations.
Energy storage technologies have the potential to reduce energy waste, ensure reliable energy access, and build a more balanced energy system. Over the last few decades, advancements in efficiency, cost, and capacity have made electrical and mechanical energy storage devices more affordable and accessible.
Application scenarios of energy storage technologies are reviewed, taking into consideration their impacts on power generation, transmission, distribution and utilization. The general status in different applications is outlined and summarized.
Various application domains are considered. Energy storage is one of the hot points of research in electrical power engineering as it is essential in power systems. It can improve power system stability, shorten energy generation environmental influence, enhance system efficiency, and also raise renewable energy source penetrations.
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.
As a flexible power source, energy storage has many potential applications in renewable energy generation grid integration, power transmission and distribution, distributed generation, micro grid and ancillary services such as frequency regulation, etc.