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Lithium-ion batteries, which are used in mobile phones and electric cars, are currently the dominant storage technology for large scale plants to help electricity grids ensure a reliable supply of renewable energy.
Storage of renewable energy requires low-cost technologies that have long lives – charging and discharging thousands of times – are safe and can store enough energy cost effectively to match demand.
Lithium-ion batteries were developed by a British scientist in the 1970s and were first used commercially by Sony in 1991, for the company’s handheld video recorder. While they’re currently the most economically viable energy storage solution, there are a number of other technologies for battery storage currently being developed.