Technologies: Storage
Since the discovery of electricity, new methods have been proposed to store this valuable energy for use on demand. Over
the last century, the energy storage industry has continued to evolve and adapt to changing energy requirements and
advances in technology. Energy storage systems provide a wide array of technological approaches to managing the power
supply in order to create a more resilient energy infrastructure and bring cost savings to utilities and consumers. In a
general categorization, the storages can be divided into six main groups:
• Solid State Batteries: a range of electrochemical storage solutions, including advanced chemistry batteries and
capacitors
• Flow Batteries: batteries where the energy is stored directly in the electrolyte solution for longer cycle life, and
quick response times
• Flywheels: mechanical devices that harness rotational energy to deliver instantaneous electricity
• Compressed Air Energy Storage: utilizing compressed air to create a potent energy reserve
• Thermal: capturing heat and cold to create energy on demand
• Pumped Hydro-Power: creating large-scale reservoirs of energy with water