There are five types of Energy Storage: 1. Thermal Energy 2. Mechanical Energy 3. Chemical Energy 4. Electrochemical Energy 5. Solar Energy Storage Thermal storage can be defined as the process of storing thermal energy storage. The process of storing thermal energy is to continuously heat and cool. They are the most common energy storage used devices. These types of energy storage usually use kinetic energy to store energy. Here. Biofuel storage stores energy from waste. It can be created by plants, and home, commercial and agricultural wastes. Biofuel storage stores renewable energy that can be utilized to produce both heat and power. Chemical storage can be defined as storing chemicals for later use. These chemicals can be stored in chemical stores, cabinets, or other.