ESS market potential is much larger than the existing one and is mainly driven by renewable and microgrid developments in current power in infrastructure [24]. Batteries and SC have been available commercially and widely used for grid and electric vehicles too. Conventional storage systems such as PHS and CAES are also implemented across the world for large-scale storage. However, some of the challenges facing development of ESS can be listed as:

•    Public Interest and support for ESS development

•    Incentives for ESS investment and development

•    Safety and flexibility in operations

•    Cost of energy deliverability should further reduce

•    Parallel dependence of ESS on power electronics based integrating systems.

•    Development of international standards for ESS selection and implementation

•    Weak grid and poor formed markets

•    To ensure sustainability and access to component materials.

•    Installation infrastructure and maintenance requirements.

Economic Concerns

•    Because of the unpredictable nature of the cost of fuel, it is difficult to properly plan the interconnection of DGs to the grid. This results in financial problems for customers.

•    The network operator has to differentiate between the power from the grid and the power from the DGs.

•    As mentioned earlier, the enhancement of already existing protection devices is necessary, which adds to the cost of the system.

•    Needed improvements in the system increase the total cost of the system.

If you have any requirements or any kind of query regarding the Energy storage solutions for your desired applications, feel free to communicate with our dedicated team at any time at marketing@everexceed.com.