Summary: | The objective of this investigation is to present a novel concept for the optimum exploitation of volatile electricity from renewable energy sources. The idea of the Carnot battery is extended to a general concept for trigeneration which can be called “power to XYZ”. This idea is applied for the building sector where there are needs for cooling production, space-heating production/domestic hot water production and electricity. More specifically, volatile electricity feeds a multi-stage heat pump that produces cold storage at 0 °C for cooling, medium heating storage at 50 °C for space heating and high thermal storage at around 115 °C for future utilization in an organic Rankine cycle for electricity production. The storage is performed in three different temperature levels, with latent storage proposed for proper long-term and efficient storage. The use of ice is suggested especially for cold storage in order to make the design a cost-effective one. This work is a theoretical preliminary thermodynamic analysis performed with a model created in Engineering Equation Solver. The results indicate the system’s maximum exergy efficiency is found at 45.28%, while the respective energy efficiency is found at 322.16%. Moreover, this work includes parametric studies and calculations about the operating margins of the suggested system.
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