A research framework for grid benefits from energy storage

Grid reliability is one of the greatest challenges facing electric utilities. Energy storage will play an important role in meeting these challenges by enhancing the grid's operating capabilities, lowering costs, ensuring high reliability, and deferring and reducing infrastructure investments. This paper offers a taxonomy of the advantages of energy storage to identify the main benefits offered to electrical utilities. In addition, it illustrates and discusses a detailed classification of energy-storage materials along with their characteristics. This paper provides a solid foundation to equip researchers with the most pertinent information to advance future research in the energy-informatics domain. The goal of creating this taxonomy and framework is to identify areas for future research endeavors and illustrate new research directions. (c) 2022 The Authors. Published by IASE.