Abstract
Battery energy storage systems (BESS) are forecasted to play a vital role in the future grid system, which is complex but incredibly important for energy supply in the modern era. Currently, Li-ion batteries are the most widely deployed BESS for a wide range of grid services but need substantial understanding and improvement for effective market creation. Hence, the main purpose of this review is to provide a comprehensive overview of the current status and challenges of Li-ion battery energy storage systems for grid application from various aspects based on real-world projects.
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