Lift Energy Storage Technology: A solution for decentralized urban energy storage

Hunt, Julian David; Nascimento, Andreas; Zakeri, Behnam; Jurasz, Jakub; Dąbek, Paweł; Barbosa, Paulo Sérgio Franco; Brandão, Roberto; Castro, Nivalde José de; Filho, Walter Leal; Riahi, Keywan

doi:10.1016/j.energy.2022.124102

Cited by 25 publications

(14 citation statements)

References 40 publications

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“…This also applies with anything that needs to be transported from a high place to a low place (not necessarily water). Alternatively, it could be used for long-term energy storage [42][43][44][45][46][47][48][49][50].…”

Section: Discussionmentioning

confidence: 99%

Perpetual Motion Electric Truck, Transporting Cargo with Zero Fuel Costs

Hunt

Tong

Zakeri

et al. 2023

Preprint

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Section: Discussionmentioning

confidence: 99%

Perpetual Motion Electric Truck, Transporting Cargo with Zero Fuel Costs

Hunt

Tong

Zakeri

et al. 2023

Preprint

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“…It is also costly to migrate data from one server to another in the event of a failure. Data storage is a significant undertaking involving an enormous budget to meet the ever-growing demand [26], [27], [28].…”

Section: B Cloud Storagementioning

confidence: 99%

A Comprehensive Survey on Blockchain-Based Decentralized Storage Networks

et al. 2023

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Blockchains are a new approach to creating distributed networks that were first introduced in 2008. It allows the formation of peer-to-peer networks based on consensus, forming chains from accepted blocks without requiring a central authority or centralized controller. A prominent application of this technology is its use in decentralized storage systems. Individuals in decentralized storage networks rent unused hardware storage space to other individuals. A decentralized network utilizing end-to-end encryption eliminates the risk of data loss associated with centralized data control by enabling clients to transmit their files securely. The storage providers must prove that they have kept unaltered files in this network for this time. Many studies have been conducted in this specific domain, most targeting storage capacity and efficiency, but a security, integrity and privacy loophole need to be addressed. This paper presents an overview of blockchain-based storage systems and how they work, followed by a comparison with cloud-based storage networks and a survey of various decentralized storage networks like SIA, File coin, and Storj available on the market. Next, we discuss the advantages and disadvantages of blockchain-based storage. In our final discussion, we examine the security problems of decentralized storage networks and explore potential solutions and research directions for the future.

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“…Cost-benefit analysis: A period is chosen, and the sum of all costs and benefits is determined. The net benefit is determined by subtracting total benefits and total costs, as shown in Equation (4).…”

Section: Economic Analysismentioning

confidence: 99%

“…Electric energy storage is an imperative component of future electricity infrastructure. It can improve the reliability and resilience of the whole energy system, integrate more RES [4], and help reduce environmental impacts [5,6]. Depending on the type of technology selected to meet the application's requirement, many benefits can be obtained from ESS [7].…”

Section: Introductionmentioning

confidence: 99%

“…The importance and attractiveness of ESS as an integral part of the electricity supply and transmission and distribution systems are receiving increasing attention for creating a "smart energy system"; however, ESS at the national level, meeting a set of applications and optimizing the transmission and distribution (T&D) system has been limited, due to the lack of studies defining the most suitable cost-effective options. Large PHES facilities dominate electricity storage, primarily for daily load shifting and different applications [4,8]. In many Energies 2022, 15, 4032 2 of 22 markets, storage is classified as a load-modifying source, or in some cases, classified as a generation asset and as a load source [8].…”

Section: Introductionmentioning

confidence: 99%

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Energy Storage Benefits Assessment Using Multiple-Choice Criteria: The Case of Drini River Cascade, Albania

et al. 2022

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Albania’s electricity sector lacks energy storage systems (ESS); hence, large quantities of electricity generated during the off-peak time, and excess electricity cannot be stored. On the other hand, the transmission capacity upgrades do not keep pace with the growth in peak electric demand; thus, congestion-related issues occur. Congestion of transmission lines has led to considerable uncertainties. Drin River cascade is located north of Albania. It possesses enormous potential energy that is not used due to a lack of ESS. Security of supply, rational use of renewable energy sources (RES), diversification of the electricity sector, increased competitiveness, sheltering more future RES capacities that can benefit from deferring investment in the existing transmission system, and environmental protection are some of these the main benefits of integrating ESS. Regarding the energy transition, the Albanian government’s endeavor aims to maintain and further develop a flexible, sustainable, secure, efficiently supplied, and affordable energy supply system. The results of the simulation executed by using ES-select software to produce multiple benefits from a single device from the chosen application’s list (App1–App6) showed that the most adequate ESS for storing excess electricity in the Drin River cascade are: compressed air energy storage (CAES-c), pumped hydro energy storage (PHES), and sodium-sulfur batteries (NaS). Integrating such systems in the central or bulk generation makes the circumvented cost in 10 years profitable; therefore, moving towards 2030, it would be extremely difficult to tackle the energy sector’s challenges alone, without integrating the ESS.

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Lift Energy Storage Technology: A solution for decentralized urban energy storage

Cited by 25 publications

References 40 publications

Perpetual Motion Electric Truck, Transporting Cargo with Zero Fuel Costs

Perpetual Motion Electric Truck, Transporting Cargo with Zero Fuel Costs

A Comprehensive Survey on Blockchain-Based Decentralized Storage Networks

Energy Storage Benefits Assessment Using Multiple-Choice Criteria: The Case of Drini River Cascade, Albania

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