Athens grid energy storage power station
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Grid energy storage, also known as large-scale energy storage, is a set of technologies connected to the electrical power grid that store energy for later use. These systems help balance supply and demand by storing excess electricity from variable renewables such as solar and inflexible sources like nuclear power, releasing it when needed.
The electric vehicle fleet has a large overall battery capacity, which can potentially be used for grid energy storage. This could be in the form of vehicle-to-grid (V2G), where cars store energy when they are not in use, or by repurposing batteries from cars at the end of the vehicle's life.
Flow batteries and compressed air energy storage may provide storage for medium-duration. Two forms of storage are suited for long-duration storage: green hydrogen, produced via electrolysis and thermal energy storage. Energy storage is one option to making grids more flexible.
As of 2023, the largest form of grid storage is pumped-storage hydroelectricity, with utility-scale batteries and behind-the-meter batteries coming second and third. Lithium-ion batteries are well suited for short-duration storage (under 8 hours), due to their lower cost and sensitivity to degradation at high states of charge.
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