Table 4 Technical characteristics of energy storage technologies

From: The role of energy storage in deep decarbonization of electricity production

Technology

Round-trip efficiency

Service life (years)

Installation Cost

Energy

Power

Component ($ per kWh)

Component ($ per kW)

PHS11,12,13,37,50

0.85

60

5

441

ACAES11,12,13,37

0.95

60

40

700

DCAES11,12,13,37

a

60

2

400

PbA10,12,13,37,50

0.90

15

200

222

VRB12,13,37,50

0.95

15

150

398

Li-ion12,37,48,51,52

0.90

15

320

620

NaS11,12,13,37,48,50,52

0.90

15

180

250

PSB13,50

0.85

15

120

330

ZNBR11,13,50

0.75

10

150

178

  1. aThe efficiency of DCAES is modeled differently than those of other technologies. Each MWh of stored electricity can produce 1.39 MWh of electricity when discharged with 4.20 MMBTU of natural gas being consumed in the process13,53