ABSTRACT
The drawbacks faced while using non-conventional energy resources have led to significant research and investment in hybrid systems. This chapter examines the need for hybridization of systems, while also exploring the existing energy storage systems. The concept and principle behind such systems are established through an exhaustive literature review. The possible combinations of specific systems are highlighted, along with their sizing criteria and the software used in these processes. Furthermore, the chapter explores the scope of hybrid energy storage systems in various modern-day applications, including grid integration of renewable energy sources and intermittency mitigation. The challenges involved in such ventures have also been discussed. Additionally, the policy incentives required to yield a resilient and sustainable energy future have been outlined, leading toward the ultimate goal of transitioning to a zero-carbon world.
