The use of thermal energy storage (TES) in buildings in combination with space heating and/or space cooling has recently received much attention. A variety of TES techniques have developed over the past decades. TES systems can provide short-term storage for peak-load shaving as well as long-term (seasonal) storage for the introduction of natural and renewable energy sources. TES systems for heating or cooling are utilized in applications where there is a time mismatch between the demand and the most economically favorable supply of energy. The selection of a TES system mainly depends on the storage period required, economic viability, and operating conditions. One of the main issues impeding the utilization of the full potential of natural and renewable energy sources, e.g., solar and geothermal, for space heating and space cooling applications is the development of economically competitive and reliable means for seasonal storage of thermal energy. This is particularly true at locations where seasonal variations of solar radiation are significant and/or in climates where seasonally varying space heating and cooling loads dominate energy consumption. This article conducts a literature review of different seasonal thermal energy storage concepts in the ground. The aim is to provide the basis for development of new intelligent TES possibilities in buildings.