Levelized cost of storage data for 9 electricity storage technologies projected from 2015 to 2050. The dataset includes costs in energy terms (LCOS, US$/MWh) and power terms (ACC, US$/kW-yr) for 12 applications and various operational scenarios. It was compiled by Oliver Schmidt and colleagues for a 2018 paper published in Joule.
Use Cases
- Compare the projected economic competitiveness of storage technologies based on LCOS and ACC values.
- Model future energy system costs based on application-specific storage cost probabilities.
- Analyze the impact of annual full equivalent cycles and discharge duration on storage costs.
- Benchmark storage technology costs against a fixed electricity price of 50 US$/MWh.
Strengths
- Includes projections for a 35-year time range from 2015 to 2050.
- Covers 9 distinct electricity storage technologies.
- Provides data for 12 distinct applications.
- Includes two key cost metrics: LCOS and ACC.
Limitations
- Column-level documentation is absent; field semantics must be inferred after download.
- Row count is unknown, which may limit suitability assessment.
- Last update date is unknown; freshness unverified.
Provenance
- Source
- Oliver Schmidt, S. Melchior, A. Hawkes, I. Staffell.
- Collection Method
- Compiled for the paper 'Projecting the future levelized cost of electricity storage technologies'.
- Time Range
- 2015 to 2050