SlideShare a Scribd company logo
1 of 6
Find Industry reports, Company profiles
ReportLinker                                                                                      and Market Statistics



                                              >> Get this Report Now by email!

The Future of Electrical Energy Storage: The economics and
potential of new technologies
Published on February 2009

                                                                                                                Report Summary

The Future of Electrical Energy Storage
The economics and potential of new technologies


Electrical energy storage (apart from pumped storage hydropower) is still a peripheral part of the power generation infrastructure.
However, the advancing use of renewable energy, particularly wind power, will change the perception of storage and lead to
significant increase of its use. At the same time, developments over the last ten to twenty years have brought a range of new storage
technologies to the brink of commercialization. However, commercial projects are in short supply.


The Future of Electrical Energy Storage is a new management report published by Business Insights that analyses the future of
electrical energy storage and how the advancing use of renewable energy, particularly wind power, will change the perception of
storage and lead to significant increase it its use.


Understand the key drivers and resistors of electrical energy storage and its impact on the landscape with the help of this new
report...


Some key findings from this report
' There is just 90GW of electricity storage capacity in operation - around 3% of global capacity, which is much lower than in other
energy industries.
' As an emerging group of technologies, estimates on the cost of electrical energy storage vary widely, on average by more than
100% and typically much higher in battery technologies.
' Capacitors are the most efficient of the existing electrical energy storage technologies with a round trip efficiency of >95%, while
hydrogen storage is, by a large margin, the least efficient technology.
' The US and Japan are the global leaders in large scale pumped storage hydropower plants with 9 and 12 plants respectively,
compared to just 1 each in the UK, France and Australia.
' Based on an analysis of fixed and variable costs, batteries are currently the most expensive technologies ' a key limiting factor
compared to more mature alternatives such as pumped storage hydropower.


This new report will enable you to
' Identify the leading technologies for electrical energy storage, their development status and application with this report's in'depth
analysis of the 7 leading electrical energy technologies (Pumped-storage hydropower, compressed air energy storage, batteries,
flywheels, hydrogen storage, capacitors and superconducting magnetic energy storage), their development and future application.
' Compare the cost of different electrical energy storage technologies in terms of capital, fixed and variable costs from data found in
this report.
' Understand the economics of electrical energy storage and the key factors that will drive economic competitiveness of each
technology.
' Assess the future potential for energy storage and the role of growing renewable energy capacity as a market driver.




The Future of Electrical Energy Storage: The economics and potential of new technologies                                           Page 1/6
Find Industry reports, Company profiles
ReportLinker                                                                                      and Market Statistics




                                                                                                                 Table of Content

Table of Contents
The Future of Electrical Energy Storage
Executive summary 10
Introduction 10
Pumped storage hydropower 10
Compressed air energy storage 11
Batteries 11
Flywheels 12
Hydrogen storage 12
Capacitors 13
Superconducting magnetic energy storage 13
The economics of electrical energy storage 14
The potential for electrical energy storage 14
Chapter 1 Introduction 16
Introduction 16
Storage technologies 18
The report 19
Chapter 2 Pumped-storage hydropower 22
Introduction 22
The pumped storage principle 25
Pumped storage technology 26
Variable speed technology 28
Plant siting 29
Operational performance 30
Renewable-pumped storage projects 31
Costs 32
Chapter 3 Compressed air energy storage 36
Introduction 36
The CAES principle 37
Compressed air storage sites 39
Site availability 42
CAES technologies and cycles 42
Integrated wind energy and CAES 44
CAES performance 45
Proposed projects 46
Costs 47
Chapter 4 Batteries 52
Introduction 52
The principle of operation 53
Principle battery types 54
Lead acid batteries 55
Nickel-cadmium batteries 58
Sodium-sulfur batteries 60
Zinc bromide flow batteries 63
Vanadium redox batteries 65
Polysulfide bromide flow batteries 67


The Future of Electrical Energy Storage: The economics and potential of new technologies                                     Page 2/6
Find Industry reports, Company profiles
ReportLinker                                                                                      and Market Statistics


Other battery types 68
Battery properties 69
Chapter 5 Flywheels 74
Introduction 74
The flywheel principle 75
Flywheel technology 76
Performance characteristics 78
Applications 80
Costs 81
Chapter 6 Hydrogen storage 84
Introduction 84
Fundamentals of a hydrogen storage system 85
Electrolyzers 86
Hydrogen storage 87
Electricity generation 88
Performance characteristics 89
Costs 91
Chapter 7 Capacitors 94
Introduction 94
Electrochemical capacitor fundamentals 95
Types of electrochemical capacitor 96
Performance characteristics 97
Applications 99
Costs 100
Chapter 8 Superconducting magnetic energy storage 104
Introduction 104
Superconducting fundamentals 105
SMES applications 107
Performance characteristics 108
Costs 109
Chapter 9 The economics of electrical energy storage 112
Introduction 112
The capital cost of energy storage systems 114
Operation and maintenance costs 118
Energy storage efficiency 121
Is energy storage economical' 123
Chapter 10 The potential for electricalenergy storage 128
Introduction 128
Storage applications 130
Renewable energy 131
Regulatory barriers 133
Future outlook 134
Index 137
List of Figures
Figure 2.1: Pumped storage plants with capacities in excess of 1,000MW by country 24
Figure 3.2: Estimated costs for storage caverns ($/kWh) 40
Figure 3.3: CAES plant costs ($/kW) 48
Figure 4.4: Efficiency vs cost by battery type 71
Figure 9.5: Unit cost of energy storage systems ($/kW) 115
Figure 9.6: Annual operational and maintenance costs for energy storage technologies ($/kW year) 119


The Future of Electrical Energy Storage: The economics and potential of new technologies                                     Page 3/6
Find Industry reports, Company profiles
ReportLinker                                                                                      and Market Statistics


Figure 9.7: Round trip efficiency of energy storage technologies (Efficiency %) 122
List of Tables
Table 2.1: Pumped storage plants with capacities in excess of 1,000MW 23
Table 2.2: Typical operational and economic parameters and costs of pumped storage hydropower 34
Table 3.3: Commercial CAES plants 36
Table 3.4: Estimated costs for storage caverns ($/kWh) 40
Table 3.5: CAES plant costs ($/kW) 48
Table 3.6: Typical operational and economic parameters and costs for CAES plants 49
Table 4.7: Utility scale lead-acid energy storage facilities 57
Table 4.8: Utility-scale sodium sulfur facilities 62
Table 4.9: Comparison of battery properties for utility applications 70
Table 5.10: Typical operational and economic parameters and costs of flywheels 82
Table 6.11: Typical operational and economic parameters and costs of hydrogen storage 91
Table 7.12: Typical operational and economic parameters and costs of capacitors 101
Table 8.13: Typical operational and economic parameters and costs of superconducting magnetic energy storage 109
Table 9.14: Capital cost of energy storage systems 114
Table 9.15: Annual operational and maintenance costs for energy storage technologies ($/kW year) 119
Table 9.16: Round trip efficiency of energy storage technologies (Efficiency %) 121




The Future of Electrical Energy Storage: The economics and potential of new technologies                                     Page 4/6
Find Industry reports, Company profiles
ReportLinker                                                                                                and Market Statistics


              Fax Order Form
              To place an order via fax simply print this form, fill in the information below and fax the completed form to:
                           Europe, Middle East and Africa : + 33 4 37 37 15 56
                           Asia, Oceania and America : + 1 (805) 617 17 93
              If you have any questions please visit http://www.reportlinker.com/notify/contact


              Order Information
              Please verify that the product information is correct and select the format(s) you require.

                    The Future of Electrical Energy Storage: The economics and potential of new technologies




              Product Formats
              Please select the product formats and the quantity you require.




                                    Digital Copy--USD 2 875.00                                  Quantity: _____




              Contact Information
              Please enter all the information below in BLOCK CAPITALS


              Title:                    Mr                        Mrs                      Dr               Miss      Ms          Prof

              First Name:                    _____________________________ Last Name: __________________________________

              Email Address:                __________________________________________________________________________

              Job Title:                    __________________________________________________________________________

              Organization:                 __________________________________________________________________________

              Address:                      __________________________________________________________________________

              City:                         __________________________________________________________________________

              Postal / Zip Code:             __________________________________________________________________________

              Country:                      __________________________________________________________________________

              Phone Number:                 __________________________________________________________________________

              Fax Number:                  __________________________________________________________________________




The Future of Electrical Energy Storage: The economics and potential of new technologies                                                 Page 5/6
Find Industry reports, Company profiles
ReportLinker                                                                                                and Market Statistics


              Payment Information
              Please indicate the payment method, you would like to use by selecting the appropriate box.




                     Payment by credit card                         Card Number: ______________________________________________


                                                                    Expiry Date            __________ / _________


                                                                    CVV Number _____________________


                                                                    Card Type (ex: Visa, Amex…) _________________________________




                     Payment by wire transfer                       Crédit Mutuel
                                                                    RIB : 10278 07314 00020257701 89
                                                                    BIC : CMCIFR2A
                                                                    IBAN : FR76 1027 8073 1400 0202 5770 189




                      Payment by check                              UBIQUICK SAS
                                                                    16 rue Grenette – 69002 LYON, FRANCE




                                   Customer signature:

                                    




              Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at
              http://www.reportlinker.com/index/terms




                                                                       Please fax this form to:

                                                        Europe, Middle East and Africa : + 33 4 37 37 15 56

                                                          Asia, Oceania and America : + 1 (805) 617 17 93




The Future of Electrical Energy Storage: The economics and potential of new technologies                                               Page 6/6

More Related Content

More from ReportLinker.com

Global Electric Resistance Welded Pipes Industry
Global Electric Resistance Welded Pipes IndustryGlobal Electric Resistance Welded Pipes Industry
Global Electric Resistance Welded Pipes IndustryReportLinker.com
 
Global Wireless Gaming Industry
Global Wireless Gaming IndustryGlobal Wireless Gaming Industry
Global Wireless Gaming IndustryReportLinker.com
 
Hyperalgesia Global Clinical Trials Review, H1, 2013
Hyperalgesia Global Clinical Trials Review, H1, 2013Hyperalgesia Global Clinical Trials Review, H1, 2013
Hyperalgesia Global Clinical Trials Review, H1, 2013ReportLinker.com
 
Genital Herpes Global Clinical Trials Review, H1, 2013
Genital Herpes Global Clinical Trials Review, H1, 2013Genital Herpes Global Clinical Trials Review, H1, 2013
Genital Herpes Global Clinical Trials Review, H1, 2013ReportLinker.com
 
The Future of Direct Communications Technologies and Proximity-based Applicat...
The Future of Direct Communications Technologies and Proximity-based Applicat...The Future of Direct Communications Technologies and Proximity-based Applicat...
The Future of Direct Communications Technologies and Proximity-based Applicat...ReportLinker.com
 
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...Competing in the European Molecular Diagnostics Market: France, Germany, Ital...
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...ReportLinker.com
 
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...ReportLinker.com
 
Bradycardia Global Clinical Trials Review, H1, 2013
Bradycardia Global Clinical Trials Review, H1, 2013Bradycardia Global Clinical Trials Review, H1, 2013
Bradycardia Global Clinical Trials Review, H1, 2013ReportLinker.com
 
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013ReportLinker.com
 
China iron ore mining industry, 2013
China iron ore mining industry, 2013China iron ore mining industry, 2013
China iron ore mining industry, 2013ReportLinker.com
 
Global Renewable Energy Report
Global Renewable Energy ReportGlobal Renewable Energy Report
Global Renewable Energy ReportReportLinker.com
 
Inguinal Hernia Global Clinical Trials Review, H1, 2013
Inguinal Hernia Global Clinical Trials Review, H1, 2013Inguinal Hernia Global Clinical Trials Review, H1, 2013
Inguinal Hernia Global Clinical Trials Review, H1, 2013ReportLinker.com
 
Cancer Cachexia Global Clinical Trials Review, H1, 2013
Cancer Cachexia Global Clinical Trials Review, H1, 2013Cancer Cachexia Global Clinical Trials Review, H1, 2013
Cancer Cachexia Global Clinical Trials Review, H1, 2013ReportLinker.com
 
Pompe Disease Global Clinical Trials Review, H1, 2013
Pompe Disease Global Clinical Trials Review, H1, 2013Pompe Disease Global Clinical Trials Review, H1, 2013
Pompe Disease Global Clinical Trials Review, H1, 2013ReportLinker.com
 
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013ReportLinker.com
 

More from ReportLinker.com (20)

 
Thisisatest
ThisisatestThisisatest
Thisisatest
 
Global Electric Resistance Welded Pipes Industry
Global Electric Resistance Welded Pipes IndustryGlobal Electric Resistance Welded Pipes Industry
Global Electric Resistance Welded Pipes Industry
 
Global Wireless Gaming Industry
Global Wireless Gaming IndustryGlobal Wireless Gaming Industry
Global Wireless Gaming Industry
 
Hyperalgesia Global Clinical Trials Review, H1, 2013
Hyperalgesia Global Clinical Trials Review, H1, 2013Hyperalgesia Global Clinical Trials Review, H1, 2013
Hyperalgesia Global Clinical Trials Review, H1, 2013
 
Genital Herpes Global Clinical Trials Review, H1, 2013
Genital Herpes Global Clinical Trials Review, H1, 2013Genital Herpes Global Clinical Trials Review, H1, 2013
Genital Herpes Global Clinical Trials Review, H1, 2013
 
The Future of Direct Communications Technologies and Proximity-based Applicat...
The Future of Direct Communications Technologies and Proximity-based Applicat...The Future of Direct Communications Technologies and Proximity-based Applicat...
The Future of Direct Communications Technologies and Proximity-based Applicat...
 
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...Competing in the European Molecular Diagnostics Market: France, Germany, Ital...
Competing in the European Molecular Diagnostics Market: France, Germany, Ital...
 
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...
Competing in the European Clinical Chemistry and Immunodiagnostic Markets: Fr...
 
Bradycardia Global Clinical Trials Review, H1, 2013
Bradycardia Global Clinical Trials Review, H1, 2013Bradycardia Global Clinical Trials Review, H1, 2013
Bradycardia Global Clinical Trials Review, H1, 2013
 
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013
Acid Indigestion / Heartburn/ Pyrosis Global Clinical Trials Review, H1, 2013
 
China iron ore mining industry, 2013
China iron ore mining industry, 2013China iron ore mining industry, 2013
China iron ore mining industry, 2013
 
World Biomass Report
World Biomass ReportWorld Biomass Report
World Biomass Report
 
World Biofuels Report
World Biofuels ReportWorld Biofuels Report
World Biofuels Report
 
Global Renewable Energy Report
Global Renewable Energy ReportGlobal Renewable Energy Report
Global Renewable Energy Report
 
Solar PV Report
Solar PV ReportSolar PV Report
Solar PV Report
 
Inguinal Hernia Global Clinical Trials Review, H1, 2013
Inguinal Hernia Global Clinical Trials Review, H1, 2013Inguinal Hernia Global Clinical Trials Review, H1, 2013
Inguinal Hernia Global Clinical Trials Review, H1, 2013
 
Cancer Cachexia Global Clinical Trials Review, H1, 2013
Cancer Cachexia Global Clinical Trials Review, H1, 2013Cancer Cachexia Global Clinical Trials Review, H1, 2013
Cancer Cachexia Global Clinical Trials Review, H1, 2013
 
Pompe Disease Global Clinical Trials Review, H1, 2013
Pompe Disease Global Clinical Trials Review, H1, 2013Pompe Disease Global Clinical Trials Review, H1, 2013
Pompe Disease Global Clinical Trials Review, H1, 2013
 
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013
Abdominal Aortic Aneurysms Global Clinical Trials Review, H1, 2013
 

Recently uploaded

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Elevate Developer Efficiency & build GenAI Application with Amazon Q​
Elevate Developer Efficiency & build GenAI Application with Amazon Q​Elevate Developer Efficiency & build GenAI Application with Amazon Q​
Elevate Developer Efficiency & build GenAI Application with Amazon Q​Bhuvaneswari Subramani
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDropbox
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Zilliz
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdfSandro Moreira
 
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ..."I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...Zilliz
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024The Digital Insurer
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontologyjohnbeverley2021
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsNanddeep Nachan
 
Exploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with MilvusExploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with MilvusZilliz
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfsudhanshuwaghmare1
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Victor Rentea
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...apidays
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistandanishmna97
 

Recently uploaded (20)

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Elevate Developer Efficiency & build GenAI Application with Amazon Q​
Elevate Developer Efficiency & build GenAI Application with Amazon Q​Elevate Developer Efficiency & build GenAI Application with Amazon Q​
Elevate Developer Efficiency & build GenAI Application with Amazon Q​
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf
 
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ..."I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontology
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectors
 
Exploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with MilvusExploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with Milvus
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistan
 

The Future of Electrical Energy Storage: The economics and potential of new technologies

  • 1. Find Industry reports, Company profiles ReportLinker and Market Statistics >> Get this Report Now by email! The Future of Electrical Energy Storage: The economics and potential of new technologies Published on February 2009 Report Summary The Future of Electrical Energy Storage The economics and potential of new technologies Electrical energy storage (apart from pumped storage hydropower) is still a peripheral part of the power generation infrastructure. However, the advancing use of renewable energy, particularly wind power, will change the perception of storage and lead to significant increase of its use. At the same time, developments over the last ten to twenty years have brought a range of new storage technologies to the brink of commercialization. However, commercial projects are in short supply. The Future of Electrical Energy Storage is a new management report published by Business Insights that analyses the future of electrical energy storage and how the advancing use of renewable energy, particularly wind power, will change the perception of storage and lead to significant increase it its use. Understand the key drivers and resistors of electrical energy storage and its impact on the landscape with the help of this new report... Some key findings from this report ' There is just 90GW of electricity storage capacity in operation - around 3% of global capacity, which is much lower than in other energy industries. ' As an emerging group of technologies, estimates on the cost of electrical energy storage vary widely, on average by more than 100% and typically much higher in battery technologies. ' Capacitors are the most efficient of the existing electrical energy storage technologies with a round trip efficiency of >95%, while hydrogen storage is, by a large margin, the least efficient technology. ' The US and Japan are the global leaders in large scale pumped storage hydropower plants with 9 and 12 plants respectively, compared to just 1 each in the UK, France and Australia. ' Based on an analysis of fixed and variable costs, batteries are currently the most expensive technologies ' a key limiting factor compared to more mature alternatives such as pumped storage hydropower. This new report will enable you to ' Identify the leading technologies for electrical energy storage, their development status and application with this report's in'depth analysis of the 7 leading electrical energy technologies (Pumped-storage hydropower, compressed air energy storage, batteries, flywheels, hydrogen storage, capacitors and superconducting magnetic energy storage), their development and future application. ' Compare the cost of different electrical energy storage technologies in terms of capital, fixed and variable costs from data found in this report. ' Understand the economics of electrical energy storage and the key factors that will drive economic competitiveness of each technology. ' Assess the future potential for energy storage and the role of growing renewable energy capacity as a market driver. The Future of Electrical Energy Storage: The economics and potential of new technologies Page 1/6
  • 2. Find Industry reports, Company profiles ReportLinker and Market Statistics Table of Content Table of Contents The Future of Electrical Energy Storage Executive summary 10 Introduction 10 Pumped storage hydropower 10 Compressed air energy storage 11 Batteries 11 Flywheels 12 Hydrogen storage 12 Capacitors 13 Superconducting magnetic energy storage 13 The economics of electrical energy storage 14 The potential for electrical energy storage 14 Chapter 1 Introduction 16 Introduction 16 Storage technologies 18 The report 19 Chapter 2 Pumped-storage hydropower 22 Introduction 22 The pumped storage principle 25 Pumped storage technology 26 Variable speed technology 28 Plant siting 29 Operational performance 30 Renewable-pumped storage projects 31 Costs 32 Chapter 3 Compressed air energy storage 36 Introduction 36 The CAES principle 37 Compressed air storage sites 39 Site availability 42 CAES technologies and cycles 42 Integrated wind energy and CAES 44 CAES performance 45 Proposed projects 46 Costs 47 Chapter 4 Batteries 52 Introduction 52 The principle of operation 53 Principle battery types 54 Lead acid batteries 55 Nickel-cadmium batteries 58 Sodium-sulfur batteries 60 Zinc bromide flow batteries 63 Vanadium redox batteries 65 Polysulfide bromide flow batteries 67 The Future of Electrical Energy Storage: The economics and potential of new technologies Page 2/6
  • 3. Find Industry reports, Company profiles ReportLinker and Market Statistics Other battery types 68 Battery properties 69 Chapter 5 Flywheels 74 Introduction 74 The flywheel principle 75 Flywheel technology 76 Performance characteristics 78 Applications 80 Costs 81 Chapter 6 Hydrogen storage 84 Introduction 84 Fundamentals of a hydrogen storage system 85 Electrolyzers 86 Hydrogen storage 87 Electricity generation 88 Performance characteristics 89 Costs 91 Chapter 7 Capacitors 94 Introduction 94 Electrochemical capacitor fundamentals 95 Types of electrochemical capacitor 96 Performance characteristics 97 Applications 99 Costs 100 Chapter 8 Superconducting magnetic energy storage 104 Introduction 104 Superconducting fundamentals 105 SMES applications 107 Performance characteristics 108 Costs 109 Chapter 9 The economics of electrical energy storage 112 Introduction 112 The capital cost of energy storage systems 114 Operation and maintenance costs 118 Energy storage efficiency 121 Is energy storage economical' 123 Chapter 10 The potential for electricalenergy storage 128 Introduction 128 Storage applications 130 Renewable energy 131 Regulatory barriers 133 Future outlook 134 Index 137 List of Figures Figure 2.1: Pumped storage plants with capacities in excess of 1,000MW by country 24 Figure 3.2: Estimated costs for storage caverns ($/kWh) 40 Figure 3.3: CAES plant costs ($/kW) 48 Figure 4.4: Efficiency vs cost by battery type 71 Figure 9.5: Unit cost of energy storage systems ($/kW) 115 Figure 9.6: Annual operational and maintenance costs for energy storage technologies ($/kW year) 119 The Future of Electrical Energy Storage: The economics and potential of new technologies Page 3/6
  • 4. Find Industry reports, Company profiles ReportLinker and Market Statistics Figure 9.7: Round trip efficiency of energy storage technologies (Efficiency %) 122 List of Tables Table 2.1: Pumped storage plants with capacities in excess of 1,000MW 23 Table 2.2: Typical operational and economic parameters and costs of pumped storage hydropower 34 Table 3.3: Commercial CAES plants 36 Table 3.4: Estimated costs for storage caverns ($/kWh) 40 Table 3.5: CAES plant costs ($/kW) 48 Table 3.6: Typical operational and economic parameters and costs for CAES plants 49 Table 4.7: Utility scale lead-acid energy storage facilities 57 Table 4.8: Utility-scale sodium sulfur facilities 62 Table 4.9: Comparison of battery properties for utility applications 70 Table 5.10: Typical operational and economic parameters and costs of flywheels 82 Table 6.11: Typical operational and economic parameters and costs of hydrogen storage 91 Table 7.12: Typical operational and economic parameters and costs of capacitors 101 Table 8.13: Typical operational and economic parameters and costs of superconducting magnetic energy storage 109 Table 9.14: Capital cost of energy storage systems 114 Table 9.15: Annual operational and maintenance costs for energy storage technologies ($/kW year) 119 Table 9.16: Round trip efficiency of energy storage technologies (Efficiency %) 121 The Future of Electrical Energy Storage: The economics and potential of new technologies Page 4/6
  • 5. Find Industry reports, Company profiles ReportLinker and Market Statistics Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 If you have any questions please visit http://www.reportlinker.com/notify/contact Order Information Please verify that the product information is correct and select the format(s) you require. The Future of Electrical Energy Storage: The economics and potential of new technologies Product Formats Please select the product formats and the quantity you require. Digital Copy--USD 2 875.00 Quantity: _____ Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: _____________________________ Last Name: __________________________________ Email Address: __________________________________________________________________________ Job Title: __________________________________________________________________________ Organization: __________________________________________________________________________ Address: __________________________________________________________________________ City: __________________________________________________________________________ Postal / Zip Code: __________________________________________________________________________ Country: __________________________________________________________________________ Phone Number: __________________________________________________________________________ Fax Number: __________________________________________________________________________ The Future of Electrical Energy Storage: The economics and potential of new technologies Page 5/6
  • 6. Find Industry reports, Company profiles ReportLinker and Market Statistics Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box. Payment by credit card Card Number: ______________________________________________ Expiry Date __________ / _________ CVV Number _____________________ Card Type (ex: Visa, Amex…) _________________________________ Payment by wire transfer Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189 Payment by check UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE Customer signature:   Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 The Future of Electrical Energy Storage: The economics and potential of new technologies Page 6/6