Using graphene oxide and a cobalt salt as precursor, a three-dimensional graphene aerogel with embedded Co3 O4 nanoparticles (3D Co3 O4 -RGO aerogel) is prepared by means of a solvothermal approach and subsequent freeze-drying and thermal reduction. The obtained 3D Co3 O4 -RGO aerogel has a high specific capacitance of 660 F g(-1) at 0.5 A g(-1) and a high rate capability of 65.1 % retention at 50 A g(-1) in a three-electrode system. Furthermore, the material is used as cathode to fabricate an asymmetric supercapacitor utilizing a hierarchical porous carbon (HPC) as anode and 6 M KOH aqueous solution as electrolyte. In a voltage range of 0.0 to 1.5 V, the device exhibits a high energy density of 40.65 Wh kg(-1) and a power density of 340 W kg(-1) and shows a high cycling stability (92.92 % capacitance retention after 2000 cycles). After charging for only 30 s, three CR2032 coin-type asymmetric supercapacitors in series can drive a light-emitting-diode (LED) bulb brightly for 30 min, which remains effective even after 1 h.