The storage of enormous energies is a significant challenge for electrical generation. Researchers have studied energy storage methods and increased efficiency for many years. In recent years, researchers have been exploring new materials and techniques to store more significant amounts of energy more efficiently. In particular, renewable energy sources and electric vehicle technologies are triggering these scientific studies. Scientists and manufacturers recently proposed the supercapacitor (SC) as an alternating or hybrid storage device. This paper aims to provide a comprehensive review of SC applications and their developments. Accordingly, a detailed literature review was first carried out. The historical results of SCs are revealed in this paper. The structure, working principle, and materials of SC are given in detail to be analysed more effectively. The advantages and disadvantages, market profile, and new technologies with manufacturer corporations are investigated to produce a techno-economic analysis of SCs. The electric vehicle, power systems, hybrid energy storage systems with integration of renewable energy sources, and other applications of SCs are investigated in this paper. Additionally, SC modelling design principles with charge and discharge tests are explored. Other components and their price to produce a compact module for high power density are also investigated.

The need for energy storage devices especially in renewable energy applications has increased the use of supercapacitors. Accordingly, several supercapacitor models have been proposed in previous researches. Nevertheless, most of them require an intensive test to obtain the model parameters. These may not be suitable for an initial simulation study, where a simple model based on the datasheet is required to evaluate the system performance before building the hardware prototype. A simplified electrical circuit model for a supercapacitor (SC) based on the voltage-current equation is proposed in this paper to address this issue. This model doesn’t need an intensive test for accuracy. The structural simplicity and decent modelling accuracy make the equivalent electrical circuit model very suitable for power electronic applications and real-time energy management simulations. The parameters of the proposed model can be obtained from the datasheets value with a minimum test requirement. The experimental method to provide the parameters of the supercapacitor equivalent circuit is described. Based on the proposed method, the supercapacitor model is built in Matlab/Simulink, and the characteristics of equivalent series resistance (ESR) measurement and cycle life are compared with datasheets. The simulation results have verified that the proposed model can be applied to simulate the behaviour of the supercapacitor in most energy and power applications for a short time of energy storage. A supercapacitor test circuit is given to test the charge and discharge of supercapacitor modules. The experimental results are suitable for simulation results.

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