Energy storage is the process of accumulating energy in particular equipment or systems so that it can be used at a later time as needed. This helps companies and sectors save energy and use it when the demand increases or grid outages occur. Thus energy storage maintains the supply-demand balance for consumers at all times and prevents challenges such as inconsistent power and sudden price surges.

However, managing energy storage is becoming increasingly important to accomplish sustainable operations, particularly in the information and communication technology sectors. This is because energy storage helps companies store solar, wind, and other such renewable forms of energy.

The process of energy storage involves the conversion of different forms of energy since certain forms are more convenient to store than others. There are also several mechanisms by which these operations take place. So let’s dive into some of the most important types of energy storage processes and see how they work.