Cost-effectiveness of air-cooled energy storage and liquid-cooled energy storage

Cost-effectiveness of air-cooled energy storage and liquid-cooled energy storage

Present study undertakes a comprehensive thermoeconomic evaluation of Liquid Air Energy Storage (LAES) and Compressed Air Energy Storage (CAES), with a focus on cost implications concerning exergy and energy storage, material containment, and TES units.

6 FAQs about [Cost-effectiveness of air-cooled energy storage and liquid-cooled energy storage]

What are the advantages of liquid air energy storage (LAEs-ASU)?

The operating costs of air separation unit are reduced by 50.87 % to 56.17 %. The scale of cold storage unit is decreased by 62.05 %. The LAES-ASU recovers expanded air, thereby eliminating energy wastage. Liquid air energy storage (LAES) emerges as a promising solution for large-scale energy storage.

What is liquid air energy storage?

Liquid air energy storage (LAES) is a promising technology recently proposed primarily for large-scale storage applications. It uses cryogen, or liquid air, as its energy vector.

How efficient is compressed air energy storage?

Compressed air energy storage has a roundtrip efficiency of around 40 percent (commercialized and realized) to about 70 percent (still at the theoretical stage). Because of the low efficiency of the air liquefaction process, LAES has a low roundtrip efficiency of around (50–60%).

How does cold energy utilization impact liquid air production & storage?

Cold energy utilization research has focused on improving the efficiency of liquid air production and storage. Studies have shown that leveraging LNG cold energy can reduce specific energy consumption for liquid air production by up to 7.45 %.

How does liquid energy storage work?

Liquid Air Energy Storage (LAES) applies electricity to cool air until it liquefies, then stores the liquid air in a tank.

Which adiabatic liquid air energy storage system has the greatest energy destruction?

Szablowski et al. performed an exergy analysis of the adiabatic liquid air energy storage (A-LAES) system. The findings indicate that the Joule–Thompson valve and the air evaporator experience the greatest energy destruction.

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