The current status and future development trend of electric energy storage

Will energy storage be stable in the future?

This may mean that electrochemical energy storage will enter a relatively stable period in the future, while thermal energy storage and electromagnetic energy storage will enter a period of rapid development.

Why is energy storage important for electric power applications?

Therefore, in order for these new sources to become completely reliable as primary sources of energy, energy storage is a crucial factor. In this work, an overview of the current and future energy storage technologies used for electric power applications is carried out.

How has electrochemical energy storage technology changed over time?

Recent advancements in electrochemical energy storage technology, notably lithium-ion batteries, have seen progress in key technical areas, such as research and development, large-scale integration, safety measures, functional realisation, and engineering verification and large-scale application function verification has been achieved.

Is energy storage a new technology?

Energy storage is not a new technology. The earliest gravity-based pumped storage system was developed in Switzerland in 1907 and has since been widely applied globally. However, from an industry perspective, energy storage is still in its early stages of development.

What is the future of energy storage study?

Foreword and acknowledgmentsThe Future of Energy Storage study is the ninth in the MIT Energy Initiative’s Future of series, which aims to shed light on a range of complex and vital issues involving

How has energy storage changed over the years?

In particular, research into compressed air energy storage grew significantly in 2012 whilst, in contrast, research into superconducting magnetic energy storage has remained relatively stable. It can also be seen that there has been a large increase in the research into renewable and energy management with EES topics.