Development prospects of new energy storage cabinets
MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids.
It enhances our understanding, from a macro perspective, of the development and evolution patterns of different specific energy storage technologies, predicts potential technological breakthroughs and innovations in the future, and provides more comprehensive and detailed basis for stakeholders in their technological innovation strategies.
Energy storage is not a new technology. The earliest gravity-based pumped storage system was developed in Switzerland in 1907 and has since been widely applied globally. However, from an industry perspective, energy storage is still in its early stages of development.
Additionally, with the large-scale development of electrochemical energy storage, all economies should prioritize the development of technologies such as recycling of end-of-life batteries, similar to Europe. Improper handling of almost all types of batteries can pose threats to the environment and public health .
Most technologies are not passed down in a single lineage. The development of energy storage technology (EST) has become an important guarantee for solving the volatility of renewable energy (RE) generation and promoting the transformation of the power system.
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