Leveraging Storage Batteries for Sustainable Green Energy Harvesting: From Li-Ion Perspective

Abstract

To manage a power system with substantial proportions of renewable energy resources consistently and cost-effectively, the fast growth of green electricity necessitates a more flexible energy system. Energy storage is the sole technology that can offer energy shifting, from periods of surplus to periods of deficiency, improving the reliability and cost-effectiveness of renewable energy sources. In this frame of reference, a complete study of the techno-economic analysis and environmental evaluation of battery energy storage systems is presented here. This article provides a comprehensive examination of lithium-ion batteries (LIBs) as a potentially valuable technology for the energy storage sector. In this article, we examine the chemistry behind the most important developments in modern and future battery technologies. We discuss the ways in which LIBs are developing to accommodate the expanding field of energy harvesting. In addition, the article examines the economic and ecological challenges that are inherent with the production, distribution, and disposal of these batteries.