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Energy Storage not only plays an important role in conservinq the energy but also improves the performance and reliability of a wide range of energy systems. Energy storagp. leads to saving of premium fuels and makes the system morA cost effective by reducing the wastage of energy. In most systems there is a mismatch between the energy supply and energy demand. The energy storage can even out this imbalance and thereby help in savings of capital costs. Enerqy storage is all the more important where the enerqy source is intermittent such as Solar Energy. The use of jntermittent energy sources...