A Feasible Utility Scale Superconducting Magnetic Energy Storage Plant

Abstract

This paper presents the latest design features and estimated costs of a 5000 MWh/1000 MW Superconducting Magnetic Energy Storage (SMES) plant. SMES is proposed as a commercially viable technology for electric utility load leveling. The primary advantage of SMES over other electrical energy storage technologies is its high net roundtrip efficiency. Other features include rapid availability and low maintenance and operating costs. Economic comparisons are made with other energy storage options and with combustion turbines.