Title :
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
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;
Conference_Titel :
PES General Meeting | Conference & Exposition, 2014 IEEE
Conference_Location :
National Harbor, MD
DOI :
10.1109/PESGM.2014.6939098
