If the price at the time of pumping is €0.1/kWh ($0.11), the price when generating power has to be at least €0.118/kWh ($0.13) to break even (the price when pumping divided by the efficiency rate). As such, the variable cost of pumped storage hydropower is relative and strongly linked to energy prices on the market.
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Get a quoteIn comparing the costs of energy storage systems, experts consider the cost of the system, its lifetime before it needs to be replaced, and the amount of energy lost between charging and discharging the system.
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Get a quoteThe Ragone plot with the relation between specific energy and specific power was shown in Fig. 7 (e) to evaluate the more solid energy storage ability of this SSC. The maximum specific energy of 2.133 Wh/kg at the specific power of 200 W/kg was obtained for this device, while at the highest specific power of 1200.5 W/kg the specific …
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