A Review on the Recent Advances in Battery Development and Energy Storage Technologies

Abstract

Energy storage is a more sustainable choice to meet net-zero carbon foot print and decarbonization of the environment in the pursuit of an energy independent future, green energy transition, and uptake. The journey to reduced greenhouse gas emissions, increased grid stability and reliability, and improved green energy access and security are the result of innovation in energy storage systems. Renewable energy sources are fundamentally intermittent, which means they rely on the availability of natural resources like the sun and wind rather than continuously producing energy. Due to its ability to address the inherent intermittency of renewable energy sources, manage peak demand, enhance grid stability and reliability, and make it possible to integrate small-scale renewable energy systems into the grid, energy storage is essential for the continued development of renewable energy sources and the decentralization of energy generation. Accordingly, the development of an effective energy storage system has been prompted by the demand for unlimited supply of energy, primarily through harnessing of solar, chemical, and mechanical energy. Nonetheless, in order to achieve green energy transition and mitigate climate risks resulting from the use of fossil-based fuels, robust energy storage systems are necessary. Herein, the need for better, more effective energy storage devices such as batteries, supercapacitors, and bio-batteries is critically reviewed. Due to their low maintenance needs, supercapacitors are the devices of choice for energy storage in renewable energy producing facilities, most notably in harnessing wind energy. Moreover, supercapacitors possess robust charging and discharging cycles, high power density, low maintenance requirements, extended lifespan, and are environmentally friendly. On the other hand, combining aluminum with nonaqueous charge storage materials such as conductive polymers to make use of each material’s unique capabilities could be crucial for continued development of robust storage batteries. In general, energy density is a key component in battery development, and scientists are constantly developing new methods and technologies to make existing batteries more energy proficient and safe. This will make it possible to design energy storage devices that are more powerful and lighter for a range of applications. When there is an imbalance between supply and demand, energy storage systems (ESS) offer a way of increasing the effectiveness of electrical systems. They also play a central role in enhancing the reliability and excellence of electrical networks that can also be deployed in off-grid localities.