As the world transitions to intermittent renewables like wind and solar power, energy storage solutions will play an increasingly important role.
Because demand for energy ebbs and flows throughout the day, battery storage technology is necessary to capture, store, and release energy as needed in order to make renewable sources a consistent input into the energy grid.
This growing need will require new and innovative battery storage solutions that are able to efficiently store and release energy on demand. A number of companies are currently developing new energy storage solutions.