Table 7 presents a comparative assessment of these ESSs on a quantitative scale. A scale of 1 to 5 is employed in this study to assess various energy storage technologies based on five key performance metrics: energy density, cost, scalability, longevity, and energy efficiency, totalling upto 25 for each ESS.
The 2020 Cost and Performance Assessment provided installed costs for six energy storage technologies: lithium-ion (Li-ion) batteries, lead-acid batteries, vanadium redox flow batteries, pumped storage hydro, compressed-air energy storage, and hydrogen energy storage.
There exist a number of cost comparison sources for energy storage technologies For example, work performed for Pacific Northwest National Laboratory provides cost and performance characteristics for several different battery energy storage (BES) technologies (Mongird et al. 2019).
Technologies like Lithium-Ion Batteries (4.0) and Hydrogen (4.0) demonstrate superior energy density, whereas systems such as Pumped Hydro Storage (PHS) (2.0) and Synthetic Fuels (3.0) are less suitable for compact applications. Cost evaluates the economic feasibility of deployment.
.PDF includes complete article with source references.
Download UPS datasheets, battery sizing guides, and power redundancy white papers.
Via Monte Rosa, 91
20149 Milan, Italy
Italy (Sales): +39 06 8745 3292
Italy (Support): +39 335 729 8537
Mon-Fri: 9:00 AM – 6:00 PM (CET)