Technical FAQs 4

Should energy storage be more expensive?

The wiser option is to consider the cost of energy storage. “Even though lithium battery technology, and other higher-end energy storage, continue to fall in price the overall cost of the system can be mitigated if energy efficiency measures are implemented first,” stated Blandford.

How much does the energy storage system cost?

The energy storage system is a 4MW, 32MWh NaS battery consisting of 80 modules, each weighing 3 600 kg. The total cost of the battery system was USD 25 million and included USD 10 million for construction of the building to house the batteries (built by Burns & McDonnell) and the new substation at Alamito Creek.

Why do we need energy storage costs?

A comprehensive understanding of energy storage costs is essential for effectively navigating the rapidly evolving energy landscape. This landscape is shaped by technologies such as lithium-ion batteries and large-scale energy storage solutions, along with projections for battery pricing and pack prices.

Are energy storage technologies a good investment?

Energy storage technologies can have a valuable role to play in any energy system, including those with high and low proportions of variable renewable generation.

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