Grid Energy Storage
Introduction
Grid energy storage is a collection of methods used to store energy on a large scale within an electricity grid. Electrical energy is stored at times when electricity is plentiful and cheap (especially from variable renewable energy sources such as wind and solar), or when demand is low, and later returned to the grid when demand is high and electricity prices tend to be higher.
In order to cope with both high and low load situations, as well as the increasing amount of renewable energy being fed into the grid, the storage of electricity is of great importance. However, the large-scale storage of electricity in the grid is still a major challenge and subject to research and development.
The following technologies and approaches can, or are hoped to, provide a solution to storing electricity and balancing supply and demand in modern electricity grids.
Pump storage hydropower
A pumped storage hydroelectricity system (PSH) consists of two water reservoirs at different elevations. Low-cost surplus electric power is typically used to pump water into the upper reservoir. During periods of high electricity demand, the stored water is released through turbines to generate electricity.[1][2]
PSH is a well established technology. In 2023, world pumped hydroelectric storage (PHS) was the largest storage technology, with a capacity of 181 GW.[3]
Green Hydrogen
Batteries
Virtual Power Plants
Further Information
- Grid Portal on energypedia
- Balancing Supply and Demand in Electricity Grids
- Green Hydrogen
References
- ↑ Pumped-storage hydroelectricity. Wikipedia; accessed in November 2024
- ↑ Power grid in a changing world; accessed in November 2024
- ↑ Wikipedia: Grid energy storage; retrieved November 2024