A recent research on thermal energy storage showed that using warm sand for heat storage would be one of the least costly long-term energy storage technologies in the world. The cost of sand storage would range between four and 10 U.S. dollars per kilowatt-hour, compared to 60 U.S. dollars per kilowatt-hour for pumped hydropower storage and over 300 U.S. dollars per kilowatt-hour for short-duration energy storage in lithium-ion batteries.
Cost of selected energy storage technologies worldwide in 2024
(in U.S. dollars per kilowatt-hour)
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Energy Post. (April 24, 2024). Cost of selected energy storage technologies worldwide in 2024 (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/
Energy Post. "Cost of selected energy storage technologies worldwide in 2024 (in U.S. dollars per kilowatt-hour)." Chart. April 24, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/
Energy Post. (2024). Cost of selected energy storage technologies worldwide in 2024 (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/
Energy Post. "Cost of Selected Energy Storage Technologies Worldwide in 2024 (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/
Energy Post, Cost of selected energy storage technologies worldwide in 2024 (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/ (last visited December 04, 2024)
Cost of selected energy storage technologies worldwide in 2024 (in U.S. dollars per kilowatt-hour) [Graph], Energy Post, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1465075/energy-storage-cost-by-technology-world/
