Power Storage Apparatus and Power System Stabilization System

A power storage apparatus of one embodiment includes a storage bank including a plurality of power storage elements connected to each other; and one or plurality of first cells. The storage bank and the one or plurality of first cells are connected in series to each other. Each first cell includes a pair of input/output nodes, a bridge circuit including at least two semiconductor switching elements, and a power storage element connected to the pair of input/output nodes via the bridge circuit. A storage capacity of the power storage element of each first cell is smaller than a storage capacity of the storage bank.