Lithium ion technology is one of the best available options for energy storage. This is because Li-ion batteries have a good energy density of about 125 watts per kilogram. Li-ion batteries are a proven, manufacturable technology; they power millions of laptop computers, cell phones, iPods, etc. today.
Some interesting options for future energy storage are discussed at the link below. They include subterranian pressurization and hydrogen production. Energy storage is a critical barrier for renewable energy sources like wind and solar; energy from these sources must be efficiently stored while the wind is blowing and the sun is shining, in order for that energy to be available in calm weather and at night.
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