Energy storage cost is an important parameter that determines the application of energy storage technologies and the scale of industrial development. The full life cycle cost of an energy storage power station can be divided into installation cost and operating cost.
Enel X referred to a recent survey of energy storage systems report that found they typically cost US$1 million per megawatt to build. “We are purchasing it, we’re building it together with subcontractors, and we’ll own and operate the system on the behalf, collectively, of Imperial and ourselves,” Martin said.
Generally speaking, the cost of the gas storage tank is the most expensive part of the entire system. Operation and maintenance costs include energy consumption and equipment maintenance. The current cost of compressed air energy storage systems is between US$500-1,000/kWh.
The efficiency of this pumped storage power station will be "90% ". Thus the above answer is appropriate.
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