large coil cost. The combined costs of conductors, structure and refrigerator for toroidal coils are dominated by the cost of the superconductor. The same trend is true for solenoid coils. HTSC coils cost more than LTSC coils by a factor of 2 to 4. We expect to see a cheaper cost for HTSC due to lower refrigeration requirements but this is not the case. To gain some insight into costs consider a breakdown by major components of both HTSC and LTSC coils corresponding to three typical stored energy levels, 2, 20 and 200 MW·h. The conductor cost dominates the three costs for all HTSC cases and is particularly important at small sizes. The principal reason lies in the comparative current density of LTSC and HTSC materials. The critical current of HTSC wire is lower than LTSC wire generally in the operating magnetic field, about 5 to 10 teslas (T). Assume the wire costs are the same by weight. Because HTSC wire has lower (Jc) value than LTSC wire, it will take much more wire to create the same inductance. Therefore, the cost of wire is much higher than LTSC wire. Also, as the SMES size goes up from 2 to 20 to 200 MW·h, the LTSC conductor cost also goes up about a factor of 10 at each step. The HTSC conductor cost rises a little slower but is still by far the costliest item. The structure costs of either HTSC or LTSC go up uniformly (a factor of 10) with each step from 2 to 20 to 200 MW·h. But HTSC structure cost is higher because the strain tolerance of the HTSC (ceramics cannot carry much tensile load) is less than LTSC, such as Nb3Ti or Nb3Sn, which demands more structure materials. Thus, in the very large cases, the HTSC cost can not be offset by simply reducing the coil size at a higher magnetic field. It is worth noting here that the refrigerator cost in all cases is so small that there is very little percentage savings associated with reduced refrigeration demands at high temperature. This means that if a HTSC, BSCCO for instance, works better at a low temperature, say 20K, it will certainly be operated there. For very small SMES, the reduced refrigerator cost will have a more significant positive impact. Clearly, the volume of superconducting coils increases with the stored energy. Also, we can see