The changing nature of energy resources will increase the need for energy storage in both supply and demand. The new energy economy is relying heavily on advanced energy storage systems and solution. The benefits of electric energy storage include increasing grid reliability, reducing system transmission congestion, helping manage load, and making renewable electricity sources more suitable as base load providers. AES electricity can also help accelerate the adoption of renewable energy by compensating for the variability of wind and solar. Energy storage makes these sources more predictable, allowing them to be more seamlessly integrated with the existing power grid.
Energy storage is accomplished with the integration of devices or physical equipment that store energy to perform useful operation in real time or future usage. All forms of energy are either potential energy (e.g. Chemical, gravitational, electrical energy, temperature differential, latent heat, etc.) or kinetic energy (e.g. momentum). Some technologies provide only short-term energy storage, and others can be very long-term. Electricity must be used as it is being generated, or converted immediately into another form of energy or chemical.
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