Energy storage and transportation are essential keys to make sure the continuity of energy to the customer. Electric power generation is changing dramatically across the world due to the environmental effects of Greenhouse gases (GHG) produced by fossil fuels. The unpredictable daily and seasonal variations in demand for electrical energy can be tackled by introducing the energy storage systems (ESSs) and hence mitigating the extra GHG emission in the atmosphere. Energy storage techniques can be mechanical, electro‐chemical, chemical, or thermal, and so on. The most popular form of energy storage is hydraulic power plants by using pumped storage and in the form of stored fuel for thermal power plants. The classification of ESSs, their current status, flaws and present trends, are presented in this article. The present state of fossil fuel reserves, their production, consumption, and as a consequence of these the CO2 emissions are also discussed. The primary energy carriers coal, oil and gas are not evenly distributed along the globe. Long distances are involved in transporting these energy carriers and transportation and delivery of these key resources to the prime customers is always necessary. The different methods to transport the energy from the source end to demand end is also discussed in this article. The assessment of various energy storage methods on the basis of several factors and present status and development of storage and transportation of energy in Pakistan is discussed.