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Assistant Professor, Kalinga University , Naya Raipur, Chhattisgarh , India
Assistant Professor, Kalinga University , Naya Raipur, Chhattisgarh , India
Energy storage has been central in improving the effectiveness and sustainability of renewable energy systems. With the increased penetration of renewable energy sources like solar energy and wind energy, the intermittent nature of these sources prompts a need to consider the incorporation of highly developed storage energy technologies in order to have a reliable and effective energy supply. In this paper, explore new alternative energy storage that will aim to ensure optimal performance of the renewable energy systems with emphasis on new battery technologies, mechanical storage systems, and hybrid solutions. The primary goals of this research are to assess these energy storage systems in terms of reducing energy wastage, enhancing the efficiency of these systems, and facilitating easier integration of these systems into the grid. A mixed-methods approach is used to thoroughly analyze the results of the experiment on the prototypes of the energy storage systems, combining experimental results with the simulation models of the operation of the energy storage systems. The statistical analysis of the data reveals that hybrid storage systems, especially those that involve lithium-ion batteries and flywheel systems, have a 15 % higher efficiency than the traditional standalone systems. Also, the incorporation of these systems in conjunction with smart grid technologies improves the efficiency of distributing energy by up to 20 %. The findings also indicate that the energy costs are reduced by 12 % in a 10-year cycle. The paper presents the conclusion that building and implementing new energy storage technologies will play a vital role in the speed of the energy storage system transition to renewable energy, energy conservation, and long-term viability in the energy systems.
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