Integrated Market-fit Affordable Grid-scale Energy Storage & Compressed Air Energy Storage

2013 ◽  
Author(s):  
Xing Luo
Keyword(s):  
Energy Storage ◽  
Compressed Air ◽  
Compressed Air Energy Storage

Design, thermodynamic, and wind assessments of a compressed air energy storage (CAES) integrated with two adjacent wind farms: A case study at Abhar and Kahak sites, Iran

Energy ◽  
2021 ◽  
Vol 221 ◽  
pp. 119902
Author(s):  
Amir Reza Razmi ◽  
M. Soltani ◽  
Armin Ardehali ◽  
Kobra Gharali ◽  
M.B. Dusseault ◽  
...  
Keyword(s):  
Energy Storage ◽  
Wind Farms ◽  
Compressed Air ◽  
Compressed Air Energy Storage

Optimal Dispatching of an Energy System with Integrated Compressed Air Energy Storage and Demand Response

Energy ◽  
2021 ◽  
pp. 121232
Author(s):  
Dechang Yang ◽  
Ming Wang ◽  
Ruiqi Yang ◽  
Yingying Zheng ◽  
Hrvoje Pandzic
Keyword(s):  
Energy Storage ◽  
Demand Response ◽  
Energy System ◽  
Compressed Air ◽  
Compressed Air Energy Storage

scholarly journals Computer Model for Financial, Environmental and Risk Analysis of a Wind–Diesel Hybrid System with Compressed Air Energy Storage

Energies ◽  
2019 ◽  
Vol 12 (21) ◽  
pp. 4054 ◽  
Author(s):  
Youssef Benchaabane ◽  
Rosa Elvira Silva ◽  
Hussein Ibrahim ◽  
Adrian Ilinca ◽  
Ambrish Chandra ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Renewable Energy ◽  
Energy Storage ◽  
Environmental Impact ◽  
Hybrid System ◽  
Computer Model ◽  
Net Present Value ◽  
Compressed Air ◽  
Compressed Air Energy Storage ◽  
The Impact

Remote and isolated communities in Canada experience gaps in access to stable energy sources and must rely on diesel generators for heat and electricity. However, the cost and environmental impact resulting from the use of fossil fuels, especially in local energy production, heating, industrial processes and transportation are compelling reasons to support the development and deployment of renewable energy hybrid systems. This paper presents a computer model for economic analysis and risk assessment of a wind–diesel hybrid system with compressed air energy storage. The proposed model is developed from the point of view of the project investor and it includes technical, financial, risk and environmental analysis. Robustness is evaluated through sensitivity analysis. The model has been validated by comparing the results of a wind–diesel case study against those obtained using HOMER (National Renewable Energy Laboratory, Golden, CO, United States) and RETScreen (Natural Resources Canada, Government of Canada, Canada) software. The impact on economic performance of adding energy storage system in a wind–diesel hybrid system has been discussed. The obtained results demonstrate the feasibility of such hybrid system as a suitable power generator in terms of high net present value and internal rate of return, low cost of energy, as well as low risk assessment. In addition, the environmental impact is positive since less fuel is used.

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