Supercapacitor price per kilowatt

Why are supercapacitors more expensive than batteries?

High capital cost and low energy density of supercapacitors make the unit cost of energy stored (kWh) more expensive than alternatives such as batteries. Their attributes make them attractive for uses in which frequent small charges/discharges are required (e.g., ensuring power quality or providing frequency regulation).

What are supercapacitor applications in bulk power systems?

Supercapacitor applications in the bulk-power systems: (a) a schematic of a volt/VAR control using a static compensator with supercapacitors, and (b) a schematic of renewable energy regulation using a supercapacitor bank. Adapted from , .

What are supercapacitors & how do they work?

Supercapacitors are developed within a small industry relative to other types of energy storage, such as batteries. Lithium-ion batteries have become the dominant storage technology for most grid applications through significant investment in innovation and scale-up of deployment, as well as the corresponding increased power densities at less cost.

How much is the supercapacitor industry worth in 2021?

Adapted from , . The global supercapacitor industry was valued at $1.5 billion in 2021 and is expected to experience a compound annual growth rate of 30% from 2021 to 2030 to become a $15 billion industry .