Definition of Energy Storage Industry

　　Energy storage refers to the storage of energy. In a broad sense, energy storage is the cyclic process of storing one form of energy in the same or converted form through a medium or device, and releasing it in a specific energy form based on future application needs.

　　In the field of electricity, energy storage mainly refers to the storage of electrical energy. With the large-scale development of renewable energy and the advancement of energy transformation, the role of energy storage in the power system is becoming increasingly prominent. It can achieve peak shaving and valley filling of electricity, that is, storing excess electricity during low demand periods and releasing it during high demand periods, thereby improving the stability and reliability of the power system. Meanwhile, energy storage can also provide support for the smooth output of renewable energy, reducing the impact of its volatility on the power grid. In addition, energy storage has broad application prospects in fields such as distributed energy systems, microgrids, and electric vehicles.

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