Compressed air energy storage: Thermodynamic and economic review

Author

Rogers, A. ; Henderson, A. ; Wang, Xiongfei ; Negnevitsky, Michael

Author_Institution

Sch. of Eng., Univ. of Tasmania, Hobart, TAS, Australia

fYear

2014

fDate

27-31 July 2014

Firstpage

1

Lastpage

5

Abstract

Compressed air energy storage (CAES) is one of the most promising mature electrical energy storage (EES) technologies. In this paper, recent technological and thermodynamic advances in CAES are examined. This review includes an examination of the three major thermodynamic approaches to CAES, an overview of air and thermal storage systems, and an examination of CAES in a distributed application. An economic analysis is then offered in order to determine the commercial viability of this technology.

Keywords

compressed air energy storage; distributed power generation; power generation economics; thermal energy storage; CAES; EES technology; commercial viability; compressed air energy storage system; distributed application; economic analysis; economic review; electrical energy storage technology; thermal storage system; thermodynamic review; Batteries; Economics; Heating; Isothermal processes; Liquids; Energy storage; compressed air; distributed generation; economic analysis;

fLanguage

English

Publisher

ieee

Conference_Titel

PES General Meeting | Conference & Exposition, 2014 IEEE

Conference_Location

National Harbor, MD

Type

conf

DOI

10.1109/PESGM.2014.6939098

Filename

6939098