Matching electricity supply to fluctuating demand was always the major challenge for utilities. However, the large-scale introduction of renewable sources of electricity, such as from wind and solar radiation, poses an even bigger challenge due to their variable nature with occasional high output peaks and prolonged times of no output at all.
Electricity Energy Storage (EES) offers a considerable value for the energy sector in this context. It can also help to cover peaks in demand and thus decrease the need for peaking power and related investments in transmission and distribution systems. EES can also help in improving grid reliability and stability.
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