A Comprehensive Review on Energy Storage Systems: Types, Comparison, Current Scenario, Applications, Barriers, and Potential Solutions, Policies, and Future Prospects

Eklas Hossain, Hossain Mansur Resalat Faruque, Md. Samiul Haque Sunny, Naeem Mohammad and Nafiu Nawar
Additional contact information
Eklas Hossain: Department of Electrical Engineering and Renewable Energy, Oregon Tech, Klamath Falls, OR 97601, USA
Hossain Mansur Resalat Faruque: School of Electrical, Computer and Energy Engineering, Arizona State University, Tempe, AZ 85281, USA
Md. Samiul Haque Sunny: Department of Electrical and Electronic Engineering, Khulna University of Engineering & Technology, Khulna 9203, Bangladesh
Naeem Mohammad: Department of Electrical and Electronic Engineering, Khulna University of Engineering & Technology, Khulna 9203, Bangladesh
Nafiu Nawar: Department of Electrical and Electronic Engineering, Khulna University of Engineering & Technology, Khulna 9203, Bangladesh

Energies, 2020, vol. 13, issue 14, 1-127

Abstract: Driven by global concerns about the climate and the environment, the world is opting for renewable energy sources (RESs), such as wind and solar. However, RESs suffer from the discredit of intermittency, for which energy storage systems (ESSs) are gaining popularity worldwide. Surplus energy obtained from RESs can be stored in several ways, and later utilized during periods of intermittencies or shortages. The idea of storing excess energy is not new, and numerous researches have been conducted to adorn this idea with innovations and improvements. This review is a humble attempt to assemble all the available knowledge on ESSs to benefit novice researchers in this field. This paper covers all core concepts of ESSs, including its evolution, elaborate classification, their comparison, the current scenario, applications, business models, environmental impacts, policies, barriers and probable solutions, and future prospects. This elaborate discussion on energy storage systems will act as a reliable reference and a framework for future developments in this field. Any future progress regarding ESSs will find this paper a helpful document wherein all necessary information has been assembled.

Keywords: energy storage; renewable energy; intermittency mitigation; classification; applications; policies; barriers (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)

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