What does dispatchable mean? Why is it important? How do we currently do this? Can renewable energy fulfill this role? What other tricks can we use?
Energy storage is the saving some form of energy for later use. Energy is critical to every accomplishment of humans. This energy can take many forms. Some examples include potential, kinetic, chemical, and nuclear energy.
Energy storage is critical to the stable function of a power grid. Inevitably, power stations have to be serviced or have failures. Even failures that are a fraction of a second can be disastrous for certain applications, such as monitoring systems for heavy machinery, computers, and other sensitive electronics. Stability of power is a key factor in the design of an effective power grid. Stability requires that there be backup systems in place in case of a baseline power failure. Energy storage is required for most backup systems to be effective.