Superconducting Magnetic Energy Storage (SMES) System stores electricity within the magnetic field of a coil from the grid that consists of a superconducting wire with near-zero loss of energy. Superconducting magnetic energy storage includes three parts: cryogenically cooled refrigerator, superconducting coil, and power conditioning system. Superconducting magnetic energy storage pos... https://www.fatposglobal.com/reports/superconducting-magnetic-energy-storage-system-market-1347