Systemic Analysis of The Application of Energy Storage Technology in The Power System

Abstract

With the continuous development of new energy technology, Technology for energy storage is essential factor in the development of new energy due to the volatility, uncertainty and other factors, and the current new energy storage technology is developing rapidly. This study delves into the exploration and examination of three primary energy storage techniques: Pumped Storage Hydropower, Compressed Air Energy Storage, and Flywheel Energy Storage, elucidating their respective application landscapes. While acknowledging persistent challenges within existing new energy storage methodologies, the paper highlights an optimistic trajectory in their evolution. There is a discernible shift towards enhanced intelligence, seamless integration, and cost-effectiveness within these methods. This evolution promises to mitigate existing shortcomings and enhance the overall efficiency and reliability of renewable energy utilization. By fostering innovation and addressing key technological bottlenecks, the future of new energy storage appears promising, poised to play a pivotal role in advancing sustainable energy solutions and combating climate change on a global scale.