| To follow up, fengning is on an existing river, uses an existing lower reservoir, has favorable geography, cost between $1.8 and $3 billion somewhere and stores 40GWh with 3.6 GW power. This makes it better than existing batteries for ~1 day time scales and roughly on par with the upcoming generation of things like sodium batteries. It's not a clear indicator as it's obviously optimized for power, but these all seem to be big advantages specific to the site which would indicate that an artificial reservoir would have trouble competing even against batteries. Different sources have figures that differ by a bit (presumably projections vs actual) and most seem to have some mistakes. Here's one. https://www.nsenergybusiness.com/projects/fengning-pumped-st... I could believe that you might improve storage/cost by a factor of 10 if you found a suitable reservoir by reducing power, but that seems to back up my initial assertion that you need specific geography and to significantly change the ecosystem fairly well. As such it seems like it is not much better than a battery for displacing fracked methane, oil, or nuclear for mediating seasonal variability (which is what synthetic denser-than-hydrogen fuel is for as it is optimized for approximately zero cost per capacity at the expense of the highest cost per joule with competitive cost per watt). Plus batteries still have a 10-20% efficiency benefit. |
We also have underground compressed air using existing deep cavities, and undersea compressed air. And underwater buoyancy, drawing floats down toward seafloor-mounted pulleys, using a winch and motor-generator on shore. Demand will not exceed our capacity to make cables and floats.
But the real answer is that there is nowhere even close to as great a need for long-term storage as you imagine, just as there is not much petroleum stored today. Petroleum is extracted and delivered continuously and reliably. Myriad tropical solar farms will synthesize ammonia year-round, shipping anywhere needed on demand, so storage is needed only until the next shipment arrives.
And HVDC transmission lines will move power from where it is being produced to where it is not, over 1000s of km, at a wholly tolerable loss rate. Much of this will move power eastward from afternoon production and westward from morning production, but also generally fill in for local production and storage shortfalls everywhere.
So Finland can have ammonia shipped in continuously all winter long, just as they ship in petroleum and NG today. Transmission lines will compete for that business.