<p>Over the past decades, energy crises and global warming have emerged as major global concerns, creating an urgent need for alternative energy sources. Along this direction, reversible solid oxide cell (RSOC) devices are well known for their remarkable high energy conversion efficiency by interconversion of electrical and chemical energy. Commonly RSOC has a configuration of a dense electrolyte, porous fuel and air electrode. Currently, electrolyte supported fuel cells (ESCs) attained attention as an energy conversion device owing to its ease of scaled up capacity and low production cost than anode supported fuel cells (ASCs). Double perovskite oxides are well known for having excellent structural stability and catalytic activity, arising from their mixed ionic-electronic conductivity, which makes them promising electrodes for solid oxide cell applications. Thus, they can be used as air electrode as well as for electrolyte supported symmetric cells which require inimitable properties, like high electrocatalytic activity for reduction of oxygen and oxidation of fuel. Nevertheless, it is essential to acknowledge that, despite the bright promise that RSOC technology holds, it is currently in its nascent developmental stages and continues to grapple with a series of formidable challenges. This paper explores the research background and working principles of reversible solid oxide fuel cell (RSOFC) and provides a detailed overview of the current research status on electrolyte, and oxygen electrode materials, for ESCs as air electrode and symmetrical cell configurations. In addition, the future progress directions of RSFOCs are explored.</p>