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Isothermal Deep Ocean Compressed Air Energy Storage: An Affordable Solution for Seasonal Energy Storage

Julian David Hunt (), Behnam Zakeri, Andreas Nascimento, Diego Augusto de Jesus Pacheco, Epari Ritesh Patro, Bojan Đurin, Marcio Pereira, Walter Leal Filho and Yoshihide Wada
Additional contact information
Julian David Hunt: International Institute for Applied Systems Analysis (IIASA), A-2361 Laxenburg, Austria
Behnam Zakeri: International Institute for Applied Systems Analysis (IIASA), A-2361 Laxenburg, Austria
Andreas Nascimento: Institute of Mechanical Engineering, Federal University of Itajuba (UNIFEI), Av. BPS n. 1303, Itajubá 37500-903, Brazil
Diego Augusto de Jesus Pacheco: Department of Business Development and Technology, Aarhus University, Birk Centerpark 15, 8001/1301, 7400 Herning, Denmark
Epari Ritesh Patro: Water, Energy, and Environmental Engineering Research Unit, University of Oulu, 90570 Oulu, Finland
Bojan Đurin: Department of Civil Engineering, University North, 48000 Koprivnica, Croatia
Walter Leal Filho: Faculty of Life Sciences, Hamburg University of Applied Sciences, 20999 Hamburg, Germany
Yoshihide Wada: Climate and Livability Initiative, Center for Desert Agriculture, Biological and Environmental Science and Engineering Division, King Abdullah University of Science and Technology, Thuwal 23955-6900, Saudi Arabia

Energies, 2023, vol. 16, issue 7, 1-18

Abstract: There is a significant energy transition in progress globally. This is mainly driven by the insertion of variable sources of energy, such as wind and solar power. To guarantee that the supply of energy meets its demand, energy storage technologies will play an important role in integrating these intermittent energy sources. Daily energy storage can be provided by batteries. However, there is still no technology that can provide weekly, monthly and seasonal energy storage services where pumped hydro storage is not a viable solution. Herein, we introduce an innovative energy storage proposal based on isothermal air compression/decompression and storage of the compressed air in the deep sea. Isothermal deep ocean compressed air energy storage (IDO-CAES) is estimated to cost from 1500 to 3000 USD/kW for installed capacity and 1 to 10 USD/kWh for energy storage. IDO-CAES should complement batteries, providing weekly, monthly and seasonal energy storage cycles in future sustainable energy grids, particularly in coastal areas, islands and offshore and floating wind power plants, as well as deep-sea mining activities.

Keywords: energy storage; seasonal energy storage; compressed air energy storage; offshore wind; renewable energies; ocean storage (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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