Lift Energy Storage Technology (LEST) (a) system components, (b) not changed and (c) fully charged building, (d) operating on energy storage, (e) electricity generation, or (f) ancillary services mode. Credit: Energy (2022). DOI: 10.1016/j.energy.2022.124102
With the rapid reduction in the costs of renewable energy generation, such as that of wind and solar power, there is a growing need for energy storage technologies to make sure that electricity supply and demand are balanced properly. International Institute for Applied Systems Analysis (IIASA) researchers have come up with a new energy storage concept that could turn tall buildings into batteries to improve the power quality in urban settings.
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