Energy storage refers to the methods and technologies used to capture and hold energy for use at a later time. This process allows for the balancing of supply and demand in energy systems, accommodating intermittent energy sources like solar and wind, which produce power only when conditions permit. Energy storage systems can store electricity in various forms, including batteries, pumped hydroelectric storage, compressed air, flywheels, and thermal storage. These systems enable the management of energy supply, enhance grid reliability, provide backup power, and promote the use of renewable energy sources by making it possible to store excess energy when production exceeds demand and release it when needed. Overall, energy storage is crucial for improving energy efficiency, reducing reliance on fossil fuels, and facilitating the transition to a more sustainable energy future.
The energy storage landscape in the United States is experiencing a significant surge, mirroring the expansion of renewable energy sources such as solar and wind power. This growth underscores the…