Economic assessment for compressed air energy storage business model alternatives

نویسندگان

چکیده

• Assessment of different business models for Compressed Air Energy Storage (CAES). CAES feasibility renewable energies integration is higher than arbitrage. Adiabatic viability in models. Underlines CAES's importance as a feasible energy storage solution RES. air (CAES) large-scale system with long-term capacity utility applications. This study evaluates models' economic pre-selected reservoir case studies. It assesses several scenarios each and analyzes two models: one the excess sources (RES) another The novelty this work performing investment assessment using Monte Carlo Simulation (MCS) methodology applied to CAES, considering uncertainties associated such types projects evaluating technology. results suggest better performance from RES model arbitrage model. Furthermore, diabatic assessed seem have more attractive their equivalent adiabatic systems However, can be economically both In addition, it was observed that viable specific profitable RES, facilitating management variability, decreasing dependence on weather, helping into grid. does not good fit grid generality evaluated.

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ژورنال

عنوان ژورنال: Applied Energy

سال: 2023

ISSN: ['0306-2619', '1872-9118']

DOI: https://doi.org/10.1016/j.apenergy.2022.120273