Shanghai energy storage research institute

Can liquid air energy storage systems be used in China?

The CRYOBattery. The feasibility of utility scale liquid air energy storage systems in China is being investigated through a partnership between Japanese industrial giant Sumitomo ’s energy tech subsidiary Sumitomo SHI FW and the Shanghai Power Equipment Research Institute, a subsidiary of the State Power Investment Corporation (SPIC).

Can liquefied air energy storage be used for long-duration energy storage?

Finland-headquartered Sumitomo SHI FW has entered a collaboration with China’s Shanghai Power Equipment Research Institute to evaluate the feasibility of long-duration energy storage using liquefied air energy storage technology. The CRYOBattery.

What is Cipes at ShanghaiTech?

CiPES at ShanghaiTech aims to integrate the cutting-edge technologies including distributed microgrid, smart grid, plug-in electric vehicle, Internet of Things, big data, and artificial intelligence, to comprehensively optimize the whole process of power generation, energy storage, power distribution, and utilization.

Could liquid air energy storage be a good investment?

Waste cold and heat from the process is stored separately. Last year, a British-Australian research team assessed the potential of liquid air energy storage for large scale application and found such systems could be built for €300-600/kWh and offer a 20-year return on investment.