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Jump up ^ Artificial photosynthesis as a frontier technology for energy sustainability. Thomas Faunce, Stenbjorn Styring, Michael R. Wasielewski, Gary W. Brudvig, A. William Rutherford, Johannes Messinger, Adam F. Lee, Craig L. Hill, Huub deGroot, Marc Fontecave, Doug R. MacFarlane, Ben Hankamer, Daniel G. Nocera, David M. Tiede, Holger Dau, Warwick Hillier, Lianzhou Wang and Rose Amal. Energy Environ. Sci., 2013, Advance Article doi:10.1039/C3EE40534F
Energy storage is a collection of methods used to store electrical energy on an electrical power grid, or off it. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption. Pumped-storage hydroelectricity is used for more than 90% of all grid power storage. Costs of lithium ion batteries are dropping rapidly, and are increasingly being deployed as fast acting sources of grid power (i.e. operating reserve) and for domestic storage.
Second-generation technologies include solar heating and cooling, wind power, modern forms of bioenergy and solar photovoltaics. These are now entering markets as a result of research, development and demonstration (RD&D) investments since the 1980s. The initial investment was prompted by energy security concerns linked to the oil crises (1973 and 1979) of the 1970s but the continuing appeal of these renewables is due, at least in part, to environmental benefits. Many of the technologies reflect significant advancements in materials.
A wide range of concentrating technologies exists: among the best known are the parabolic trough, the compact linear Fresnel reflector, the Stirling dish and the solar power tower. Various techniques are used to track the sun and focus light. In all of these systems a working fluid is heated by the concentrated sunlight, and is then used for power generation or energy storage. Thermal storage efficiently allows up to 24-hour electricity generation.