An economic feasibility assessment of decoupled energy storage in the UK: With liquid air energy storage as a case study

An economic feasibility assessment of decoupled energy storage in the UK: With liquid air energy... •Propose a model to assess economic feasibility for decoupled energy storage.•Revenues from both energy markets and ancillary service markets are considered.•Optimal sizes for the charging, storing and discharging unit are obtained.•Profitability can be improved by increasing waste heat or system scale.•The payback period could vary from 25.7 years to 5.6 years for a 200 MW system. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Applied Energy Elsevier

An economic feasibility assessment of decoupled energy storage in the UK: With liquid air energy storage as a case study

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Publisher
Elsevier
Copyright
Copyright © 2018 Elsevier Ltd
ISSN
0306-2619
D.O.I.
10.1016/j.apenergy.2018.04.074
Publisher site
See Article on Publisher Site

Abstract

•Propose a model to assess economic feasibility for decoupled energy storage.•Revenues from both energy markets and ancillary service markets are considered.•Optimal sizes for the charging, storing and discharging unit are obtained.•Profitability can be improved by increasing waste heat or system scale.•The payback period could vary from 25.7 years to 5.6 years for a 200 MW system.

Journal

Applied EnergyElsevier

Published: Sep 1, 2018

References

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