The electricity market is evolving to allow a higher integration of variable energy sources and a new class of devices is approaching the market to satisfy this necessity.
In a report released by IDTechEx: “Potential Stationary Energy Storage Device to Monitor”, the emerging class of energy storage devices, characterized by long storage duration and MW size power output, are investigated.
While existing energy storage devices are already populating the market, from Li-ion batteries to pumped-hydro energy storage, this new class of storage technologies will aim to complete the puzzle of the energy storage market.
Pushed from the electrification of the automotive sector, Li-ion batteries have been deeply investigated in the last decades and are currently the standard choice for short and medium-duration storage.
