This review evaluates the state of art in the field of high-temperature energy storage materials and systems. The physical and chemical properties, corrosion data and practical applications of the phase change materials, especially the inorganic salts applicable to storage temperature in the range of $100-850^{circ}C$ have been summarized. Fluoride salts have excellent thermal storage properties, but these are less attractive in terms of cost and corrosion problem of container materials. The nitrate and nitrite have attractive properties in the temperature range up to $600^{circ}C$, at which the rate of decomposition becomes unacceptable. Carbonates euteutic salts can be considered as the most promising energy storage material on the basis of their low cost and excellent material compatibility for corrosion in the temperature range up to $850^{circ}C$.