A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants

Geological restrictions and the low energy density of compressed air energy storage (CAES) plants constitute a technical and economic barrier to the enablement of variable and intermittent sustainable sources of energy production. Liquid air energy storage (LAES) and pumped thermal energy storage (P...

Full description

Bibliographic Details
Main Authors: Heidar Jafarizadeh, Madjid Soltani, Jatin Nathwani
Format: Article
Language:English
Published: MDPI AG 2023-04-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/8/3330
_version_ 1797605646580842496
author Heidar Jafarizadeh
Madjid Soltani
Jatin Nathwani
author_facet Heidar Jafarizadeh
Madjid Soltani
Jatin Nathwani
author_sort Heidar Jafarizadeh
collection DOAJ
description Geological restrictions and the low energy density of compressed air energy storage (CAES) plants constitute a technical and economic barrier to the enablement of variable and intermittent sustainable sources of energy production. Liquid air energy storage (LAES) and pumped thermal energy storage (PTES) systems offer a promising pathway for increasing the share of renewable energy in the supply mix. PTES remains under development while LAES suffers from low liquefaction unit efficiency, although it is at a higher technology readiness level (TRL) than PTES. The most significant element of large-scale EES is related to the discharge features of the power plants, especially the energy storage unit. Here, a novel multi-aspect equation, based on established codes and thermodynamic principles, is developed to quantify the required storage capacity to meet demand consistent with the design parameters and operational limitations of the system. An important conclusion of the application of the multi-aspect equation shows that liquid air storage systems instead of compressed air would reduce the space required for storage by 35 times. Finally, a cost equation was introduced as a function of the required storage volume. Calculations have demonstrated that the use of the novel cost equation, in lieu of the old one-aspect cost equation, for an LAES power plant with a production capacity of about 50 MW makes the costs of installing liquid air storage tanks against the total expenditure of the power plant about six times higher than what was reported in earlier research.
first_indexed 2024-03-11T05:04:02Z
format Article
id doaj.art-67bb339ca32d45ea992d09dda3b6ee46
institution Directory Open Access Journal
issn 1996-1073
language English
last_indexed 2024-03-11T05:04:02Z
publishDate 2023-04-01
publisher MDPI AG
record_format Article
series Energies
spelling doaj.art-67bb339ca32d45ea992d09dda3b6ee462023-11-17T19:03:41ZengMDPI AGEnergies1996-10732023-04-01168333010.3390/en16083330A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) PlantsHeidar Jafarizadeh0Madjid Soltani1Jatin Nathwani2Department of Mechanical Engineering, K.N. Toosi University of Technology, Tehran 19967-15433, IranDepartment of Mechanical Engineering, K.N. Toosi University of Technology, Tehran 19967-15433, IranDepartment of Management Sciences, Waterloo Institute for Sustainable Energy (WISE), University of Waterloo, Waterloo, ON N2L 3G1, CanadaGeological restrictions and the low energy density of compressed air energy storage (CAES) plants constitute a technical and economic barrier to the enablement of variable and intermittent sustainable sources of energy production. Liquid air energy storage (LAES) and pumped thermal energy storage (PTES) systems offer a promising pathway for increasing the share of renewable energy in the supply mix. PTES remains under development while LAES suffers from low liquefaction unit efficiency, although it is at a higher technology readiness level (TRL) than PTES. The most significant element of large-scale EES is related to the discharge features of the power plants, especially the energy storage unit. Here, a novel multi-aspect equation, based on established codes and thermodynamic principles, is developed to quantify the required storage capacity to meet demand consistent with the design parameters and operational limitations of the system. An important conclusion of the application of the multi-aspect equation shows that liquid air storage systems instead of compressed air would reduce the space required for storage by 35 times. Finally, a cost equation was introduced as a function of the required storage volume. Calculations have demonstrated that the use of the novel cost equation, in lieu of the old one-aspect cost equation, for an LAES power plant with a production capacity of about 50 MW makes the costs of installing liquid air storage tanks against the total expenditure of the power plant about six times higher than what was reported in earlier research.https://www.mdpi.com/1996-1073/16/8/3330LAESCAEScryogenic tanktechno-economicheat leakagedead zone
spellingShingle Heidar Jafarizadeh
Madjid Soltani
Jatin Nathwani
A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
Energies
LAES
CAES
cryogenic tank
techno-economic
heat leakage
dead zone
title A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
title_full A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
title_fullStr A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
title_full_unstemmed A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
title_short A Novel Analysis of Energy Density Considerations and Its Impacts on the Cost of Electrical Energy Storage (EES) Plants
title_sort novel analysis of energy density considerations and its impacts on the cost of electrical energy storage ees plants
topic LAES
CAES
cryogenic tank
techno-economic
heat leakage
dead zone
url https://www.mdpi.com/1996-1073/16/8/3330
work_keys_str_mv AT heidarjafarizadeh anovelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants
AT madjidsoltani anovelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants
AT jatinnathwani anovelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants
AT heidarjafarizadeh novelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants
AT madjidsoltani novelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants
AT jatinnathwani novelanalysisofenergydensityconsiderationsanditsimpactsonthecostofelectricalenergystorageeesplants