Electrochemistry is the branch of chemistry which is concerned with the relations between electrical and chemical phenomena. Electrochemistry has witnessed significant advances in the last few decades. It has now acquired the position of a domain of interest for a diverse range of spheres varying from academicians concerned with studying thermodynamic properties of solutions to industrialists involved in utilization of electrolysis or manufacturing of batteries. It has now become evident that these apparently distinct subjects, alongside others, have an element of commonality among them and that they have grown towards each other, particularly as a result of ongoing research regarding the rates of electrochemical processes. These advances have resulted from a number of factors and indicate a potential of carrying out repeatable, dynamic experiments under an ever-increasing variety of conditions with reliable and sensitive instrumentation. This has enabled various researches of both fundamental and applied nature, to be carried out in this intriguing domain.