Energy storage plays an important role in balancing power supply and demand, and is key to tackling the intermittency issues of renewable energy. Pairing a storage system with a renewable energy source ensures a smooth and steady power supply, even when weather conditions are not optimal for energy generation. Batteries are the most common storage devices used in renewable energy systems and their use is increasing on both the residential and grid-wide scale. Energy storage technologies are expected to continue to improve, making their use more viable and affordable. It is projected that storage will represent a core component of all new energy technologies moving into the future, as both utility-scale and domestic energy storage solutions become more price competitive, eroding the advantages of traditional energy sources
Related Societies: Renewable Fuels Association, Rocky Mountain Institute, Trans-Mediterranean Renewable Energy Cooperation, World Council for Renewable Energy, Geothermal Energy Association, Geothermal Resources Council, Iceland Geothermal, World Bioenergy Association.