With the increasing emphasis on greening the grid and powering the world with renewables', the need for a feasible storage solution is only getting more pronounced. The purpose of energy storage is to capture the energy and effectively deliver it for future use. Low-carbon grids need longer-duration storage, but only a few technologies have succeeded at scale - most notable being pumped hydro storage, and Lithium-ion based advanced cell chemistries seem to be the next emerging option.
Although several options technically work, the question is, do they work with an acceptable range of economics with the right price . . .
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