David JH, Andreas N, Behnam Z. Lift energy storage technology: a solution for decentralized urban energy storage. Energy. 2022;254. 10. Nyeche E, Diemuodeke E. Modelling and optimisation of a hybrid PV-wind turbine-pumped hydro storage energy system for mini-grid application in coastline communities. J Clean Prod. 2019;250 (C):119578. 11.
It can be seen that the gravity energy storage system considering the low-carbon economy can significantly reduce the peak-to-valley difference of the load, successfully realizing the “peak shaving to fill in the valley”, so as to achieve the purpose of reducing the peaking cost of thermal power units. Fig 9.
In ESS gravity energy storage systems (GESS) are more advantageous in terms of siting, scale and economics compared to battery energy storage systems (BESS) and compressed air energy storage (CAES) .
They investigated that the levelized storage cost of GES varies between 7.5 €ct/kWh and 15 €ct/kW, while gravity storage using a wire suspension system (GESH) varies between 3.8 €ct/kWh and 7.3 €ct/kWh. The LCOS of GES and GESH were then compared with other energy storage systems.
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