
Main Types of Energy Storage
- Pumped Hydro Storage (PHS): This is a large-scale method where water is pumped to higher reservoirs during off-peak hours and released through turbines to generate electricity during peak times.
- Battery Energy Storage Systems (BESS): Batteries like lithium-ion are widely used to store energy from various sources. They are effective for both grid-level and behind-the-meter applications, offering flexibility and quick response times.
- Compressed Air Energy Storage (CAES): This system involves compressing air in underground caverns during off-peak periods and expanding it to generate electricity during peak demand.
- Thermal Energy Storage: This involves storing thermal energy for later use in applications like heating and cooling systems or power generation.
- Flywheels: Although less commonly used for peak demand management, flywheels store energy kinetically in rotating drums, which can be released quickly when needed.
These forms of energy storage help utilities manage peak demand by reducing strain on the grid and stabilizing electricity flow during high usage periods.
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