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Energy storage technologies: An integrated survey of developments, global economical/environmental effects, optimal scheduling model, and sustainable adaption policies

Mohammad AmirDepartment of Electrical Engineering, Indian Institute of Technology (IIT), Delhi, 110016-IndiaRadhika G. DeshmukhHaris M. KhalidCollege of Engineering and Information Technology, University of Dubai, Academic City, 14143 Dubai, United Arab EmiratesZafar SaidCentre for Infrastructure Engineering, School of Engineering, Design and Built Environment, Western Sydney University, Locked Bag 1797, Penrith, NSW 2751, AustraliaAli RazaDepartment of Electrical Engineering and Computing Sciences, Rochester Institute of Technology (RIT), Dubai, United Arab EmiratesS. M. MuyeenDepartment of Electrical Engineering, Qatar University, Doha 2713, QatarAbdul‐Sattar NizamiCenter of Excellence in Environmental Studies (CEES), King Abdulaziz University, Jeddah, Saudi ArabiaRajvikram Madurai ElavarasanSchool of Electrical Engineering and Computer Science (EECS), The University of Queensland St Lucia, QLD 4072, AustraliaR. SaidurDepartment of Engineering, Lancaster University, Lancaster LA1 4YW, UKKamaruzzaman SopianResearch Centre for Nanomaterials and Energy Technology (RCNMET), School of Science and Technology, Sunway University, Jalan University, 47500 Bandar Sunway, Selangor, Malaysia
2023en
ABI

Abstract

Energy Storage Technology is one of the major components of renewable energy integration and decarbonization of world energy systems. It significantly benefits addressing ancillary power services, power quality stability, and power supply reliability. However, the recent years of the COVID-19 pandemic have given rise to the energy crisis in various industrial and technology sectors. An integrated survey of energy storage technology development, its classification, performance, and safe management is made to resolve these challenges. The development of energy storage technology has been classified into electromechanical, mechanical, electromagnetic, thermodynamics, chemical, and hybrid methods. The current study identifies potential technologies, operational framework, comparison analysis, and practical characteristics. This proposed study also provides useful and practical information to readers, engineers, and practitioners on the global economic effects, global environmental effects, organization resilience, key challenges, and projections of energy storage technologies. An optimal scheduling model is also proposed. Policies for sustainable adaptation are then described. An extensive list of publications to date in the open literature is canvassed to portray various developments in this area.

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Cited by 30 references