The present powergrid is currently undergoing a modernization, developing into a smarter grid with more and more renewable energy sources being connected every day. To successfully manage to fully liquidate the use of fossil energy and nuclear power, it’s demanded by their successors to keep the same reliability and capacity. Energy storage systems can play a great role in enabling this transition, partially to decrease the losses on the power grid but also to maintain the reliability and increase the flexibility. This study has been conducted with the main focus on load leveling households and substations, but also to locate which applications an energy storage system may have in the future and explain the benefits and disadvantages that r...