Energy storage usages: Engineering reactions, economic‐technological values for electric vehicles—A technological outlook

Abstract

At present with the massive induction of distributed renewable energy sources (RES), energy storage systems (ESS) have the potential to curb the intermittent nature of micro sources and provide a steady supply of power to the load. It gives an optimum solution and considers as a major part of intelligent grids. For making a green environment, Electric Vehicle (EV) is the best option that emits zero exhaust gases, cleaner, less noisy and eco-friendly compared to engine-based vehicles. It could embark power sanctuary by allowing open access to RES. Nonetheless, EVs presently face encounters in the deployment of ESSs, inroad to their reliability, capacity, price, and online management issues. This study comprehensive review about technical advancements of ESSs, its detailed taxonomy, features, implementation, possibilities with system differences, and additional features of particularly EV applications. Hence, in this current study, technical analysis of Energy storage systems, its leading technologies, core assets, global energy stakeholders, economic merits and techniques on energy conversion is provided. Besides, the way of deploying energy storage techniques, the barriers and assessments are also presented to give a wider scope in this particular area.