With the on-going increase in the energy demand and with the fossil fuel depletion there has become a need to create a sustainable energy alternative which is sustainable as well as renewable. It is therefore essential to incorporate material abundance, eco-efficient synthetic processes and life-cycle analysis into the design of new electrochemical storage systems. At present, a few existing technologies overcomes these issues, but in each case, some or the other fundamental as well as technological hurdles remains there. Lithium Ion Batteries, saltwater and Lead Acid is widely used for the energy storage process. The common points of considerations while choosing the type of batteries are Capacity and Power, Depth of Discharge, Round Trip Efficiency, Battery Life and Warranty.