What are the costs of flywheel storage?
An example of an AI chatbot conversation about the costs associated with flywheel storage systems.
What are the costs of flywheel storage systems?
The costs of flywheel storage systems can vary widely based on capacity, technology, and installation. Generally, they can range from $500 to $2,000 per kWh.
What factors influence the cost?
Factors include the size of the system, the materials used, installation complexity, and maintenance requirements.
Are there any ongoing costs after installation?
Yes, ongoing costs may include maintenance, insurance, and potential upgrades to the system.
How do flywheel systems compare to other storage options?
Flywheel systems typically have a longer lifespan and faster response times compared to batteries, but they can be more expensive upfront.
Can you provide examples of companies that offer flywheel storage?
Sure! Companies like Beacon Power, Active Power, and Siemens offer various flywheel storage solutions.
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