PART 1- techno-economic analysis of a grid scale Ground-Level Integrated Diverse Energy Storage (GLIDES) technology

Kassaee, Saiid; Abu-Heiba, Ahmad; Ally, Moonis R.; Mench, Matthew M.; Liu, Xiaobing; Odukomaiya, Adewale; King, Thomas F.; Smith, Brennan T.

doi:10.1016/j.est.2019.100792

Cited by 12 publications

(8 citation statements)

References 10 publications

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“…An example of the first approach is represented in [19]. The energy weighted cost of a storage system (e/kWh) is minimised, without any electricity price signal, by a cost optimisation model that simultaneously maximises the round-trip efficiency of the storage.…”

Section: Cost Analysismentioning

confidence: 99%

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Beyond cost reduction: improving the value of energy storage in electricity systems

et al. 2022

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From a macro-energy system perspective, an energy storage is valuable if it contributes to meeting system objectives, including increasing economic value, reliability and sustainability. In most energy systems models, reliability and sustainability are forced by constraints, and if energy demand is exogenous, this leaves cost as the main metric for economic value. Traditional ways to improve storage technologies are to reduce their costs; however, the cheapest energy storage is not always the most valuable in energy systems. Modern techno-economical evaluation methods try to address the cost and value situation but do not judge the competitiveness of multiple technologies simultaneously. This paper introduces the ‘market potential method’ as a new complementary valuation method guiding innovation of multiple energy storage. The market potential method derives the value of technologies by examining common deployment signals from energy system model outputs in a structured way. We apply and compare this method to cost evaluation approaches in a renewables-based European power system model, covering diverse energy storage technologies. We find that characteristics of high-cost hydrogen storage can be more valuable than low-cost hydrogen storage. Additionally, we show that modifying the freedom of storage sizing and component interactions can make the energy system 10% cheaper and impact the value of technologies. The results suggest looking beyond the pure cost reduction paradigm and focus on developing technologies with suitable value approaches that can lead to cheaper electricity systems in future. Graphical Abstract

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Section: Cost Analysismentioning

confidence: 99%

“…While the 'cost of component' or 'cost of system' approach is widely used for design decisions with high technological detail [19][20][21], the levelised approaches forego some technical detail to inform project developers and policy about their projected competitiveness in the market [12].…”

Section: Cost Analysismentioning

confidence: 99%

Beyond cost reduction: improving the value of energy storage in electricity systems

et al. 2022

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“…The model combines cost and performance models to determine the pressure reservoir alternative that minimizes the first cost of GLIDES given its rated kW and kWh. The details of the cost analysis model were reported in (Kassaee et al 2019) and the findings are presented in Section 3.1. In Section 3.2, other non-conventional alternatives to conventional pressure vessels are summarized.…”

Section: Options To Reduce Cost Of Compressed Air Vesselsmentioning

confidence: 99%

“…Cost analysis of a GLIDES system using 1 billion ft 3 underground reservoir was performed. Assuming a maximum pressure range of 10-100 bar and machinery (pump, turbine and piping) cost of $1 million, a $/kWh cost of $13.6/kWh to $136.91/kWh can be achieved, respectively (Kassaee et al 2019).…”

Section: Non-conventional Alternatives To Vesselsmentioning

confidence: 99%

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Pumped Storage Hydropower Augmented with Pressurized Air: The Ground-Level Integrated Diverse Energy Storage (GLIDES) System

heiba

Kassaee

Chen³

et al. 2022

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vi facilities. It is expected that integration of a storage system with a hydropower plant will provide value in (a) facilities challenged by hourly, daily, and seasonal requirements to pass water at inefficient or equipment damaging operating conditions; (b) run-of-river facilities in which the timing of flow and must-run generation is not revenue-optimal; and (c) power system contexts where the localized need for grid services exists due to physical grid conditions or local market conditions.Cost analysis was performed to identify large cost items. It was found that the cost of pressure vessels comprised approximately 90% of the overall hardware cost. Lower cost alternatives were investigated. It was found that pipe segments that are rated for high pressure are the lowest cost option. With pipe segment as pressure vessel, the estimated total GLIDES first hardware cost (including cost of pipe segments, cost of machinery and the cost of piping) ranges between 350 to 750 $/kWh for MW-scale GLIDES . Carbon fiber pressure vessels was second lowest option with total first hardware cost ranging between 2,000 to 3,500 $/kWh. Carbon steel vessels was the highest cost option with total first hardware cost ranging between 4,600 to 8,000 $/kWh. Other unconventional alternatives were also explored. Underground reservoirs such as depleted oil/gas reservoirs, aquifers and caverns are all potential low-cost candidates. Abandoned oil pipelines are also an option for GLIDES. The cost of a GLIDES system that uses depleted oil/gas reservoir as the high-pressure storage was estimated to be 13.6 to 136.91 $/kWh .Technoeconomic analysis was performed to demonstrate the value proposition of GLIDES. Use cases were developed for small-, medium-and large-scale GLIDES systems. Each use case was developed to explore different revenue streams. The small-scale case simulated a 20-kW GLIDES system as a local market trading electricity with both the grid and buildings with PV generation. The model found that a local market GLIDES is profitable while saving the buildings on electric utility bills. The medium-scale use case simulated a GLIDES as storage for a PV-powered EV charging station. A reduced order model to calculate the optimal capacity of a GLIDES system based on the number of charging slots and the average daily rate of EV arrival. The large-scale case simulated GLIDES integrated with 4 cascaded RoR plants in Idaho Falls, Idaho. In this use case simulation, GLIDES can provides value to the plants by allowing them to participate in the grid services market. Four GLIDES systems, 1 MW/4 hours each, were integrated to the four RoR plants. The total first hardware cost of the 4 GLIDES systems was estimated to be almost $11.5M, and a payback period as low as 5 years is possible depending on the price profile of electricity.GLIDES is currently in the commercialization stage. With a successful protype of GLIDES being operated in the laboratory, next steps include conducting an engineering study to take a deeper dive on the potential coupling ...

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Near isothermal compressed air energy storage system in residential and commercial buildings: Techno-economic analysis

Cheekatamarla

Kassaee

Abu-Heiba

et al. 2022

Energy

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PART 1- techno-economic analysis of a grid scale Ground-Level Integrated Diverse Energy Storage (GLIDES) technology

Cited by 12 publications

References 10 publications

Beyond cost reduction: improving the value of energy storage in electricity systems

Beyond cost reduction: improving the value of energy storage in electricity systems

Pumped Storage Hydropower Augmented with Pressurized Air: The Ground-Level Integrated Diverse Energy Storage (GLIDES) System

Near isothermal compressed air energy storage system in residential and commercial buildings: Techno-economic analysis

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