Comparative study on the globally optimal performance of cryogenic energy storage systems with different working media

Tan, Hongbo; Wen, Na; Shao, Boshi

doi:10.1016/j.enss.2023.02.005

Cited by 2 publications

(1 citation statement)

References 43 publications

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“…By pursuing these goals, the study aims to provide a comprehensive comprehension of the life cycle of each technology, enabling the recognition of energy storage solutions that are both sustainable and socially responsible. [17][18][19][20][21] Structuring of the Document The next parts of this study are organized to methodically present the discoveries and analyses obtained from the life cycle evaluation of the chosen energy storage technologies. Section 2 explores the approaches used for data collecting and analysis, providing a clear insight into the study process.…”

Section: Objectives Of the Researchmentioning

confidence: 99%

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

Nemova,

Rao,

Dubey

et al. 2024

E3S Web Conf.

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This study offers a thorough comparative analysis of the life cycle assessment of three significant energy storage technologies—Lithium-Ion Batteries, Flow Batteries, and Pumped Hydro—evaluating their environmental, economic, and social aspects in a complete manner. When considering the environmental effect, it is evident that Lithium-Ion Batteries surpass Flow Batteries and Pumped Hydro in terms of carbon footprint, water use, and land utilization. Flow Batteries and Pumped Hydro exhibit significant decreases, ranging from 40% to 60%, showcasing their potential as ecologically sound alternatives with heightened sustainability advantages. From an economic standpoint, it can be confidently said that Flow Batteries and Pumped Hydro surpass Lithium-Ion Batteries in terms of both capital and operational expenses, resulting in a decreased Levelized Cost of Storage (LCOS). The examination of percentage change showcases significant decreases, ranging from 20% to 50%, underscoring the economic competitiveness of Flow Batteries and Pumped Hydro. Regarding societal consequences, Flow Batteries and Pumped Hydro exhibit a propensity for heightened job production, augmented community acceptability, and enhanced health and safety records in contrast to Lithium-Ion Batteries. The assessments of percentage change further underscore the societal benefits of Flow Batteries and Pumped Hydro, demonstrating a substantial increase of 40% to 100% in job creation, a notable rise of 6.25% to 12.5% in community acceptability, and a significant decrease of 50% to 75% in health and safety problems. These results jointly emphasize the comprehensive benefits of Flow Batteries and Pumped Hydro, indicating their potential as sustainable, cost-effective, and socially responsible energy storage options. Given the ongoing evolution of the energy landscape, the findings obtained from this research greatly enhance the ability of stakeholders and policymakers to make well-informed decisions in their efforts to design a more environmentally friendly and robust energy future. The study emphasizes the significance of taking into account not only the technological efficacy, but also the wider environmental, economic, and social circumstances when implementing energy storage technology.

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Section: Objectives Of the Researchmentioning

confidence: 99%

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

Nemova,

Rao,

Dubey

et al. 2024

E3S Web Conf.

View full text Add to dashboard Cite

show abstract

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

Sanduru,

Dhyani,

Thakur

et al. 2024

E3S Web of Conf.

View full text Add to dashboard Cite

This study offers a thorough comparative analysis of the life cycle assessment of three significant energy storage technologies—Lithium Ion Batteries, Flow Batteries, and Pumped Hydro—evaluating their environmental, economic, and social aspects in a complete manner. When considering the environmental effect, it is evident that Lithium-Ion Batteries surpass Flow Batteries and Pumped Hydro in terms of carbon footprint, water use, and land utilization. Flow Batteries and Pumped Hydro exhibit significant decreases, ranging from 40% to 60%, showcasing their potential as ecologically sound alternatives with heightened sustainability advantages. From an economic standpoint, it can be confidently said that Flow Batteries and Pumped Hydro surpass Lithium-Ion Batteries in terms of both capital and operational expenses, resulting in a decreased Levelized Cost of Storage (LCOS). The examination of percentage change showcases significant decreases, ranging from 20% to 50%, underscoring the economic competitiveness of Flow Batteries and Pumped Hydro. Regarding societal consequences, Flow Batteries and Pumped Hydro exhibit a propensity for heightened job production, augmented community acceptability, and enhanced health and safety records in contrast to Lithium-Ion Batteries. The assessments of percentage change further underscore the societal benefits of Flow Batteries and Pumped Hydro, demonstrating a substantial increase of 40% to 100% in job creation, a notable rise of 6.25% to 12.5% in community acceptability, and a significant decrease of 50% to 75% in health and safety problems. These results jointly emphasize the comprehensive benefits of Flow Batteries and Pumped Hydro, indicating their potential as sustainable, cost-effective, and socially responsible energy storage options. Given the ongoing evolution of the energy landscape, the findings obtained from this research greatly enhance the ability of stakeholders and policymakers to make well-informed decisions in their efforts to design a more environmentally friendly and robust energy future. The study emphasizes the significance of taking into account not only the technological efficacy, but also the wider environmental, economic, and social circumstances when implementing energy storage technology.

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Comparative study on the globally optimal performance of cryogenic energy storage systems with different working media

Cited by 2 publications

References 43 publications

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

Life Cycle Analysis of Energy Storage Technologies: A Comparative Study

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