Cost and size estimates for an electrochemical bulk energy storage concept

Abstract

Preliminary capital cost and size estimates were made for an electrochemical bulk energy storage concept. The electrochemical system considered was an electrically rechargeable flow cell with a redox couple. On the basis of preliminary capital cost estimates, size estimates, and several other important considerations, the redox-flow-cell system emerges as having great promise as a bulk energy storage system for power load leveling. The size of this system would be less than 2 percent of that of a comparable pumped hydroelectric plant. The capital cost of a 10-megawatt, 60- and 85-megawatt-hour redox system is estimated to be $190 to$330 per kilowatt. The other important features of the redox system contributing to its load leveling application are its low adverse environmental impact, its high efficiency, its apparent absence of electrochemically-related cycle life limitations, and its fast response