Technological innovations in energy storage: Bridging the gap between supply and demand

Augusta Heavens Ikevuje 1, *, Jephta Mensah Kwakye 1, Darlington Eze Ekechukwu 2, Olorunshogo Benjamin Ogundipe 3 and Andrew Emuobosa Esiri 1

1 Independent Researcher, Houston Texas, USA.
2 Independent Researcher, UK.
3 Department of Mechanical Engineering, Redeemer’s University, Ede, Osun-State, Nigeria.
 
Review Article
Magna Scientia Advanced Research and Reviews, 2023, 08(02), 201–210
Article DOI: 10.30574/msarr.2023.8.2.0095
Publication history: 
Received on 25 May 2023; revised on 18 August 2023; accepted on 21 August 2023
 
Abstract: 
This review paper explores the critical role of technological innovations in energy storage for bridging the gap between energy supply and demand, particularly in renewable energy integration. As global energy markets shift toward sustainable energy sources, the intermittent nature of solar and wind power presents significant challenges. The paper examines current energy storage technologies, such as batteries, pumped hydro, and thermal storage, highlighting their limitations in meeting growing energy demands. It also delves into emerging innovations, including solid-state batteries, hydrogen storage, and the application of AI for energy management. Additionally, the review discusses the integration of energy storage with renewable energy sources and the challenges posed by grid infrastructure. Future directions for energy storage technologies, policy considerations, and strategic recommendations for advancing storage solutions are also presented to address the evolving energy landscape. The paper emphasizes the importance of continued research, policy support, and investment in driving the next generation of energy storage systems for a sustainable energy future.
 
Keywords: 
Energy storage; Renewable energy integration; Solid-state batteries; Hydrogen storage; Grid modernization
 
Full text article in PDF: