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Essay On Energy Storage

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addition to need of energy storage devices, remarkable research has been done to reduce the cost of energy storage systems. The incorporation of energy storage system is always beneficial. But the major issue is that storage equipments are expensive. Therefore, economical aspects of storage system have to be considered before implementation. The cost and other economical aspects associated with different energy storage systems are described further. Storing electricity in power plant provides cost saving opportunities. Large scale energy storage also known as grid energy storage has become an integral part of power plant (Sioshansi, 2011). The wide spread use of renewable sources to generate electricity is made possible because of efficient …show more content…
Researchers are working on different materials for batteries. The most widely used material for battery is lithium. However, the major disadvantage is that lithium is very expensive materials. Therefore, researchers are trying to find the cost effective materials that can replace the conventional expensive lithium. According to Ellis (2012), sodium is better cost effective material for battery compared to lithium. During his study, Ellis Concluded that “Sodium batteries can vie with lithium batteries in several important respects and there is furthermore much opportunity and promise in this area” (p. ). The advancement in battery storage capacity has made possible the widespread use of automobiles and the latest smart phones. Without efficient energy storage batteries, automobiles cannot be used at nights. Similarly, smart phones cannot be used without efficient battery. In conclusion, the above data provides the comprehensive information about current research on energy storage systems. Further, more and more research will be done on energy storage systems. The research activity on energy storage devices will never end. Hence, it can be conclude that even though capital cost of energy storage system is very high, it will be proven as cost effective devices for storing energy. In future, the problems that associated with energy storage will be solved and research will identify the better devices with advanced

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