This paper presents a mini-review in the field of energy storage using reversible solid oxide cells (rSOCs) for development of energy storage systems for the future. Such energy storage systems fall under the category of power-to-X-to power systems where excess electrical energy produced through renewables is stored in the form of chemicals and the same chemicals are used for conversion back to power. The main competitors of energy storage systems based on rSOC are pumped hydro storage, compressed air storage and batteries and it is envisioned that with better heat integration techniques, the round trip efficiency of rSOC systems can be improved to reach the target value of 80% as specified in the joint EASE-EERA report for European energy storage technology.