Navigating challenges in large-scale renewable energy storage:
One of the foremost issues is the capital-intensive nature of the rudiments of a storage device such as batteries, pumped hydro storage, and compressed air storage among
Non-acceptance of EES systems by the industry can be a significant obstacle to the development and prevalence of the utilization of these systems. To generate investment in energy storage systems, extensive cooperation between facility and technology owners, utilities, investors, project developers, and insurers is required.
The lack of direct support for energy storage from governments, the non-announcement of confirmed needs for storage through official government sources, and the existence of incomplete and unclear processes in licensing also hurt attracting investors in the field of storage (Ugarte et al.).
By creating the necessary standards and appropriate classifications, research activities in improving storage systems are improved and all these factors can speed up the production and commercialization of energy storage devices and systems (Olabi et al., 2021, Castagneto Gissey et al., 2018). 6.4. Market and regularity barriers
These systems serve as a dynamic buffer, capable of absorbing excess energy during periods of high generation and releasing it when renewable sources falter (Lun and Tung, 2020).
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