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Without a shadow of a doubt, energy storage has a crucial role to play in achieving energy efficiency. This is because the amount of electricity generated within a certain timeframe is usually fixed while the demand fluctuates. The best solution to this is developing electrical energy storage systems that can manage the amount of power required to supply customers at different times. With the growing thrust on renewable energy, these systems are becoming increasingly important these days.

The energy storage market is primed to expand at a cracking pace on account of the pressing demand for electricity worldwide. The U.S. is one of the key markets for energy storage on account of the presence of a large number of companies developing storage systems.

The energy storage systems have a number of advantages. Foremost among them is facilitating a good match between generation and load and frequency regulation to achieve a more reliable power supply for high tech industrial facilities.