Flywheel Energy Storage Costs: Breaking Down the Economics of Next-Gen Power Reserves

As global renewable energy capacity surges past 4,500 GW, grid operators face a critical challenge - how to store intermittent solar and wind power effectively. While lithium-ion batteries currently dominate 92% of new storage installations, their limitations in cycle life (typically 4,000-6,000 cycles) and thermal risks create operational bottlenecks. This is where flywheel energy storage enters the conversation with its 100,000+ cycle lifespan and instant response capabilities. [2024-11-25 19:03]