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The aim of the paper is to simulate multi-tank storage with the thermocline moving from tank to tank and compare the results against single tank storage. No analysis of this nature has previously been performed. The results lend added impetus to developing this new type of thermal energy storage, especially as heat losses through insulation have already been reduced a minimum. Dividing a seasonal thermal energy storage tank into smaller tanks reduces the negative effect of heat transfer through the thermocline. The work is a continuation of the concept already proposed in available literature of using multiple solar energy stores, but we focus mainly on developing a dynamic model of a system of this type and presenting the results of a time and thermocline dependent simulation. The study also encompassed examination of the thickness of thermal insulation of the storage tanks, with definitions of its critical size. Our study revealed that the use of multi-tank thermal energy storage reduces heat loss through the thermocline. This is illustrated mainly by changes in water temperature in the upper part of the tank, which fluctuates across a much smaller range than for a single tank. In the single tank system, the temperature drops below 60 °C, whereas for the multi-tank system it always remains above 64 °C. In addition, in the multi-tank solution the loss caused by the thermocline occurs in only one tank, leaving 3/4 of the storage system unaffected by thermocline loss. • The concept of multi tank seasonal thermal energy storage is examined. • The examination is based on the dynamic modeling. • Results are compared with the single tank thermal energy storage systems. • The examined system is more efficient due thermocline losses limitation. [ABSTRACT FROM AUTHOR]