Energy Storage Technologies: Types, Recent Trends, and Development

Sustainable power alternatives take the place of traditional electric generation facilities. However, the majority of sustainable power is influenced by the weather, which results in concerns with stability, voltage control, and other aspects of power quality. To power quality issues, energy storage technologies are widely employed in power design. Some energy storage devices may be considered to improve the efficiency of the control network. In addition, the storage solution enhances peak rushing, black start support, high energy, adaptability features, etc. The pros and cons of electric, electrochemical, thermal, mechanical, and chemical power storage systems and methods are thoroughly examined, along with their economic and technical aspects. This study evaluates various power storage techniques, comparing them, examining recent advancements, examining the business environment in which they are now used, drawing judgments, and outlining their future possibilities.