Solar power
Energy storage

Concentrated solar power plants may use thermal storage to store solar energy, such as in high-temperature molten salts. These salts are an effective storage medium because they are low-cost, have a high specific heat capacity, and can deliver heat at temperatures compatible with conventional power systems. This method of energy storage is used, for example, by the Solar Two power station, allowing it to store 1.44 TJ in its 68 m storage tank, enough to provide full output for close to 39 hours, with an efficiency of about 99%.

In stand alone PV systems, batteries are traditionally used to store excess electricity. With grid-connected photovoltaic power systems, excess electricity can be sent to the electrical grid. Net metering and feed-in tariff programs give these systems a credit for the electricity they produce. This credit offsets electricity provided from the grid when the system cannot meet demand, effectively trading with the grid instead of storing excess electricity. When wind and solar are a small fraction of the grid power, other generation techniques can adjust their output appropriately, but as these forms of variable power grow, additional balance on the grid is needed. As prices are rapidly declining, PV systems increasingly use rechargeable batteries to store a surplus to be used later at night. Batteries used for grid-storage can stabilize the electrical grid by leveling out peak loads for a few hours. In the future, less expensive batteries could play an important role on the electrical grid, as they can charge during periods when generation exceeds demand and feed their stored energy into the grid when demand is higher than generation.

Common battery technologies used in today's home PV systems include nickel-cadmium, lead-acid, nickel metal hydride, and lithium-ion. Lithium-ion batteries have the potential to replace lead-acid batteries in the near future, as they are being intensively developed and lower prices are expected due to economies of scale provided by large production facilities such as the Tesla Gigafactory 1. In addition, the Li-ion batteries of plug-in electric cars may serve as future storage devices in a vehicle-to-grid system. Since most vehicles are parked an average of 95% of the time, their batteries could be used to let electricity flow from the car to the power lines and back.

Retired electric vehicle (EV) batteries can be repurposed. Other rechargeable batteries used for distributed PV systems include, sodium–sulfur and vanadium redox batteries, two prominent types of a molten salt and a flow battery, respectively.
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