Energy Storage not only plays an important role in conservinq the
energy but also improves the performance and reliability of a wide
range of energy systems. Energy storagp. leads to saving of premium
fuels and makes the system morA cost effective by reducing the
wastage of energy. In most systems there is a mismatch between the
energy supply and energy demand. The energy storage can even out
this imbalance and thereby help in savings of capital costs. Enerqy
storage is all the more important where the enerqy source is
intermittent such as Solar Energy. The use of jntermittent energy
sources is likely to grow. If more and more solar energy is to be
used for domestic and industrial applications then energy storage
is very crucial. If no storage is used in solar energy systems then
the major part of the energy demand will be met by the back-up or
auxiliary energy and therefore the so called annual solar load
fract]on will be very low. In case of solar energy, both short term
and long term energy storage systems can be used whjch can adjust
the phase difference between solar energy supply and energy demand
and can match seasonal demands to the solar availability
respectively. Thermal energy storage can lead to capital cost
savings, fuel savjngs, and fuel substitution in many application
areas. Developing an optimum thermal storaqe system is as important
an area of research as developinq an alternative source of energy.
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