Heavy ion storage rings are powerful tools to store and observe key nuclear properties of rare radioactive isotopes. Recent developments in ring physics and enhanced beam intensities have now opened up the possibility to carry out low-energy investigations of nuclear reactions at rings. Pure, intense, exotic beams of isotopes that are otherwise challenging to access can be impinged on pure, ultra-thin targets, allowing the study of long-standing nuclear astrophysical puzzles in a variety of stellar sites that have so far resisted traditional approaches. In this review paper, we will describe pioneering studies with decelerated beams at the ESR storage ring at GSI (Germany), as well as future exciting prospects at the ESR and CRYRING at GSI/FAIR.