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This paper provides a detailed and comprehensive overview of some of the state-of-the-art energy storage technologies, its evolution, classification, and comparison along with various area of applications. . The goal of the DOE Energy Storage Program is to develop advanced energy storage technologies and systems in collaboration with industry, academia, and government institutions that will increase the reliability, performance, and sustainability of electricity generation and transmission in the. . As global renewable energy deployment accelerates, energy storage systems (ESS) have evolved from optional add-ons into core infrastructure for modern power systems. From grid stabilization and renewable integration to commercial energy cost optimization, storage now plays a decisive role across. . Energy storage technologies have become increasingly essential in addressing the global transition toward renewable energy systems. This includes gravitational potential energy (pumped hydroelectric), chemical energy (batteries), kinetic energy (flywheels or com- pressed air), and energy in the form of electrical (capacitors) and magnetic fields.
