The document discusses the importance of energy storage systems in smart grids, highlighting how they balance the fluctuations from renewable sources like solar and wind power. Various storage technologies are detailed, including batteries, superconducting magnetic energy storage (SMES), pumped hydro, and compressed air energy storage, each with unique operational characteristics. Moreover, it addresses the significance of real-time pricing, smart meters, and cybersecurity in facilitating efficient energy distribution and safeguarding critical infrastructure.
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