Long-duration thermo-mechanical energy storage – Present and future techno-economic competitiveness
Andrea Vecchi and
Adriano Sciacovelli
Applied Energy, 2023, vol. 334, issue C, No S0306261922018852
Abstract:
The extent to which long-duration energy storage (LDES) will support grid decarbonisation by enabling large penetration of renewable generation is subject to the achievement of suitable technical and economic performance. This study investigates the potential of established and novel thermo-mechanical energy storage (TMES) technologies to meet LDES targets, benchmarks TMES current and future techno-economic performance and highlights critical research developments. Results justify the priority of ensuring low storage costs over high roundtrip efficiency for LDES, thus endorsing novel concepts based on thermochemical energy storage. Besides adiabatic compressed air energy storage, novel TMES using metal oxidation/reduction and CaO hydration/dehydration reactions can potentially already meet the 20 USD/kWh cost target at 200 h duration, with current technology performance. The need for suggested and wide-ranging enhancements at material, device and system level is discussed, which may lead to TMES costs below 14 USD/kWh – competitive with long-duration solutions like hydrogen for covering the energy balancing needs of future low-carbon energy systems.
Keywords: Energy storage; Long-duration energy storage; Thermo-mechanical energy storage; Techno-economic analysis; Thermo-chemical energy storage; Decarbonisation (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)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261922018852
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:334:y:2023:i:c:s0306261922018852
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic
DOI: 10.1016/j.apenergy.2022.120628
Access Statistics for this article
Applied Energy is currently edited by J. Yan
More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().