IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v313y2024ics0360544224034455.html
   My bibliography  Save this article

Thermodynamic and economic analysis of a trans-critical CO2 energy storage system integrated with ORC and solar energy

Author

Listed:
  • Liu, Zhongyan
  • Guan, Hongwei
  • Jin, Xu
  • Su, Wei
  • Shao, Jiawei
  • Fan, Jing
  • Zhang, Hao
  • Li, Heng
  • Sun, Dahan

Abstract

In this paper, a CO2 energy storage system that integrates an organic Rankine cycle (ORC) with solar energy is proposed to support grid peaking, enhance the efficient use of renewable energy sources, and optimize system performance. A thermodynamic analysis of the system has been performed and the performance under different operating models is evaluated. In model A, the energy storage efficiency of the system is 77.28 %, the solar energy conversion efficiency is 30.7 %, and the exergy efficiency is 66.1 %. In models B and C, the energy storage efficiency is 76.72 % and 80 %, the solar conversion efficiency is 32.2 % and 31.5 %, and the exergy efficiency is 66.8 % and 65.2 %, respectively. To evaluate the thermodynamic and economic performance of the system, the effect of the decision variables on the system performance is analyzed. Then, the NSGA-II optimization algorithm was applied to optimize the system, and the TOPSIS method was used to evaluate the optimization results. The results show that the energy storage efficiencies under optimal operating conditions are 78.8 %, 77.5 %, and 81.1 % for operating models A, B, and C, respectively. In addition, the levelized cost of storage (LCOS) for operating models A, B, and C are 0.307$/(kW∙h), 0.316$/(kW∙h), and 0.318$/(kW∙h), respectively.

Suggested Citation

  • Liu, Zhongyan & Guan, Hongwei & Jin, Xu & Su, Wei & Shao, Jiawei & Fan, Jing & Zhang, Hao & Li, Heng & Sun, Dahan, 2024. "Thermodynamic and economic analysis of a trans-critical CO2 energy storage system integrated with ORC and solar energy," Energy, Elsevier, vol. 313(C).
    • Handle: RePEc:eee:energy:v:313:y:2024:i:c:s0360544224034455
    DOI: 10.1016/j.energy.2024.133667
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544224034455
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2024.133667?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Wang, Zhiwen & Xiong, Wei & Ting, David S.-K. & Carriveau, Rupp & Wang, Zuwen, 2016. "Conventional and advanced exergy analyses of an underwater compressed air energy storage system," Applied Energy, Elsevier, vol. 180(C), pages 810-822.
    2. Fallah, M. & Mohammadi, Z. & Mahmoudi, S.M. Seyed, 2022. "Advanced exergy analysis of the combined S–CO2/ORC system," Energy, Elsevier, vol. 241(C).
    3. He, Wei & Luo, Xing & Evans, David & Busby, Jonathan & Garvey, Seamus & Parkes, Daniel & Wang, Jihong, 2017. "Exergy storage of compressed air in cavern and cavern volume estimation of the large-scale compressed air energy storage system," Applied Energy, Elsevier, vol. 208(C), pages 745-757.
    4. Zhang, Yuan & Yang, Ke & Li, Xuemei & Xu, Jianzhong, 2014. "Thermodynamic analysis of energy conversion and transfer in hybrid system consisting of wind turbine and advanced adiabatic compressed air energy storage," Energy, Elsevier, vol. 77(C), pages 460-477.
    5. Morgan, Robert & Nelmes, Stuart & Gibson, Emma & Brett, Gareth, 2015. "Liquid air energy storage – Analysis and first results from a pilot scale demonstration plant," Applied Energy, Elsevier, vol. 137(C), pages 845-853.
    6. Tang, Junrong & Li, Qibin & Werle, Sebastian & Wang, Shukun & Yu, Haoshui, 2024. "Development and comprehensive thermo-economic analysis of a novel compressed CO2 energy storage system integrated with high-temperature thermal energy storage," Energy, Elsevier, vol. 303(C).
    7. Qi, Meng & Lee, Jaewon & Hong, Seokyoung & Kim, Jeongdong & Liu, Yi & Park, Jinwoo & Moon, Il, 2022. "Flexible and efficient renewable-power-to-methane concept enabled by liquid CO2 energy storage: Optimization with power allocation and storage sizing," Energy, Elsevier, vol. 256(C).
    8. Morandin, Matteo & Mercangöz, Mehmet & Hemrle, Jaroslav & Maréchal, François & Favrat, Daniel, 2013. "Thermoeconomic design optimization of a thermo-electric energy storage system based on transcritical CO2 cycles," Energy, Elsevier, vol. 58(C), pages 571-587.
    9. He, Qing & Liu, Hui & Hao, Yinping & Liu, Yaning & Liu, Wenyi, 2018. "Thermodynamic analysis of a novel supercritical compressed carbon dioxide energy storage system through advanced exergy analysis," Renewable Energy, Elsevier, vol. 127(C), pages 835-849.
    10. Razmi, Amir Reza & Hanifi, Amir Reza & Shahbakhti, Mahdi, 2023. "Design, thermodynamic, and economic analyses of a green hydrogen storage concept based on solid oxide electrolyzer/fuel cells and heliostat solar field," Renewable Energy, Elsevier, vol. 215(C).
    11. Wang, Shiqi & Yuan, Zhongyuan & Yu, Nanyang, 2023. "Thermo-economic optimization of organic Rankine cycle with steam-water dual heat source," Energy, Elsevier, vol. 274(C).
    12. Grazzini, Giuseppe & Milazzo, Adriano, 2008. "Thermodynamic analysis of CAES/TES systems for renewable energy plants," Renewable Energy, Elsevier, vol. 33(9), pages 1998-2006.
    13. Hao, Yinping & He, Qing & Du, Dongmei, 2020. "A trans-critical carbon dioxide energy storage system with heat pump to recover stored heat of compression," Renewable Energy, Elsevier, vol. 152(C), pages 1099-1108.
    14. Zheng, Haonan & Miao, Zheng & Xu, Jinliang, 2024. "Partial load operation characteristics of supercritical CO2 coal-fired power generation system," Energy, Elsevier, vol. 291(C).
    15. Song, Jian & Wang, Yaxiong & Wang, Kai & Wang, Jiangfeng & Markides, Christos N., 2021. "Combined supercritical CO2 (SCO2) cycle and organic Rankine cycle (ORC) system for hybrid solar and geothermal power generation: Thermoeconomic assessment of various configurations," Renewable Energy, Elsevier, vol. 174(C), pages 1020-1035.
    16. Liu, Zhongyan & Guan, Hongwei & Shao, Jiawei & Jin, Xu & Su, Wei & Zhang, Hao & Li, Heng & Sun, Dahan & Wei, Tengfei, 2024. "Thermodynamic and advanced exergy analysis of a trans-critical CO2 energy storage system integrated with heat supply and solar energy," Energy, Elsevier, vol. 302(C).
    17. Zhang, Yuan & Liang, Tianyang & Yang, Ke, 2022. "An integrated energy storage system consisting of Compressed Carbon dioxide energy storage and Organic Rankine Cycle: Exergoeconomic evaluation and multi-objective optimization," Energy, Elsevier, vol. 247(C).
    18. Szablowski, Lukasz & Krawczyk, Piotr & Badyda, Krzysztof & Karellas, Sotirios & Kakaras, Emmanuel & Bujalski, Wojciech, 2017. "Energy and exergy analysis of adiabatic compressed air energy storage system," Energy, Elsevier, vol. 138(C), pages 12-18.
    19. Wang, Ding & Sun, Lei & Xie, Yonghui, 2023. "Performance evaluation of CO2 pressurization and storage system combined with S–CO2 power generation process and absorption refrigeration cycle," Energy, Elsevier, vol. 273(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Su, Wei & Jiao, Keqing & Jin, Xu & Liu, Zhongyan & Zhang, Xiaosong, 2025. "Performance analysis of a novel solar-assisted liquid CO2 energy storage system with flexible cooling, heating and power outputs: Energy, exergy, economic, and environmental aspects," Energy, Elsevier, vol. 324(C).
    2. Zhong, Xiankang & Wang, Tianguan & Guo, Shaoqiang & Yang, Zhi & Liu, Yichao & Cheng, Guangxu, 2025. "Permeating hydrogen effect on the protective performance of a composite film consisting of corrosion inhibitors and iron oxides used in CO2 utilization related environment," Energy, Elsevier, vol. 320(C).
    3. Huang, Baoda & Zhao, Chunhao & Peng, Qizhen & Zhang, Heng & Cheng, Chao & Huang, Jiguang & Chen, Haiping & Gao, Dan, 2025. "Optimization design and peaking characteristics analysis of integrated solar combined cycle system," Energy, Elsevier, vol. 321(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liu, Zhongyan & Shao, Jiawei & Guan, Hongwei & Jin, Xu & Zhang, Hao & Li, Heng & Su, Wei & Sun, Dahan, 2025. "Thermo-economic and advanced exergy analysis of a novel liquid carbon dioxide energy storage system coupled with solar energy and liquefied natural gas," Energy, Elsevier, vol. 315(C).
    2. Liu, Xu & Wang, Ke & He, Qing, 2025. "Compressed carbon dioxide energy storage: a comprehensive review of principles, research progress and prospects," Energy, Elsevier, vol. 324(C).
    3. Guo, Huan & Xu, Yujie & Kang, Haoyuan & Guo, Wenbing & Liu, Yu & Zhang, Xinjing & Zhou, Xuezhi & Chen, Haisheng, 2023. "From theory to practice: Evaluating the thermodynamic design landscape of compressed air energy storage systems," Applied Energy, Elsevier, vol. 352(C).
    4. Su, Wei & Jiao, Keqing & Jin, Xu & Liu, Zhongyan & Zhang, Xiaosong, 2025. "Performance analysis of a novel solar-assisted liquid CO2 energy storage system with flexible cooling, heating and power outputs: Energy, exergy, economic, and environmental aspects," Energy, Elsevier, vol. 324(C).
    5. Thomas Guewouo & Lingai Luo & Dominique Tarlet & Mohand Tazerout, 2019. "Identification of Optimal Parameters for a Small-Scale Compressed-Air Energy Storage System Using Real Coded Genetic Algorithm," Energies, MDPI, vol. 12(3), pages 1-32, January.
    6. Liu, Junwei & Zhang, Yilun & Yin, Suzhen & Zhang, Yao & Luo, Xiaoling & Liu, Zhan, 2024. "Economic and exergy transmission analysis of the gas-liquid type compressed CO2 energy storage system," Renewable Energy, Elsevier, vol. 230(C).
    7. Liu, Zhongyan & Guan, Hongwei & Shao, Jiawei & Jin, Xu & Su, Wei & Zhang, Hao & Li, Heng & Sun, Dahan & Wei, Tengfei, 2024. "Thermodynamic and advanced exergy analysis of a trans-critical CO2 energy storage system integrated with heat supply and solar energy," Energy, Elsevier, vol. 302(C).
    8. Dewevre, Florent & Lacroix, Clément & Loubar, Khaled & Poncet, Sébastien, 2024. "Carbon dioxide energy storage systems: Current researches and perspectives," Renewable Energy, Elsevier, vol. 224(C).
    9. Li, Bo & Xu, Hongpeng & Jiang, Yuemao & Wu, Chuang & Wang, Shun-sen, 2025. "Energy, exergy, economic and exergoeconomic (4E) analysis of a high-temperature liquid CO2 energy storage system: Dual-stage thermal energy storage for performance enhancement," Renewable Energy, Elsevier, vol. 239(C).
    10. Li, Peng & Hu, Qingya & Han, Zhonghe & Wang, Changxin & Wang, Runxia & Han, Xu & Wang, Yongzhen, 2022. "Thermodynamic analysis and multi-objective optimization of a trigenerative system based on compressed air energy storage under different working media and heating storage media," Energy, Elsevier, vol. 239(PD).
    11. Guo, Huan & Xu, Yujie & Zhang, Xinjing & Zhou, Xuezhi & Chen, Haisheng, 2020. "Transmission characteristics of exergy for novel compressed air energy storage systems-from compression and expansion sections to the whole system," Energy, Elsevier, vol. 193(C).
    12. Guo, Huan & Xu, Yujie & Zhu, Yilin & Zhou, Xuezhi & Chen, Haisheng, 2022. "Thermal-mechanical coefficient analysis of adiabatic compressor and expander in compressed air energy storage systems," Energy, Elsevier, vol. 244(PB).
    13. Guo, Cong & Xu, Yujie & Zhang, Xinjing & Guo, Huan & Zhou, Xuezhi & Liu, Chang & Qin, Wei & Li, Wen & Dou, Binlin & Chen, Haisheng, 2017. "Performance analysis of compressed air energy storage systems considering dynamic characteristics of compressed air storage," Energy, Elsevier, vol. 135(C), pages 876-888.
    14. Huan Guo & Haoyuan Kang & Yujie Xu & Mingzhi Zhao & Yilin Zhu & Hualiang Zhang & Haisheng Chen, 2023. "Review of Coupling Methods of Compressed Air Energy Storage Systems and Renewable Energy Resources," Energies, MDPI, vol. 16(12), pages 1-22, June.
    15. Fan, Xiaoyu & Xu, Hao & Li, Yihong & Li, Junxian & Wang, Zhikang & Gao, Zhaozhao & Ji, Wei & Chen, Liubiao & Wang, Junjie, 2024. "A novel liquid air energy storage system with efficient thermal storage: Comprehensive evaluation of optimal configuration," Applied Energy, Elsevier, vol. 371(C).
    16. He, Yang & MengWang, & Chen, Haisheng & Xu, Yujie & Deng, Jianqiang, 2021. "Thermodynamic research on compressed air energy storage system with turbines under sliding pressure operation," Energy, Elsevier, vol. 222(C).
    17. He, Qing & Li, Guoqing & Lu, Chang & Du, Dongmei & Liu, Wenyi, 2019. "A compressed air energy storage system with variable pressure ratio and its operation control," Energy, Elsevier, vol. 169(C), pages 881-894.
    18. Bassam, Ameen M. & Elminshawy, Nabil A.S. & Oterkus, Erkan & Amin, Islam, 2024. "Hybrid compressed air energy storage system and control strategy for a partially floating photovoltaic plant," Energy, Elsevier, vol. 313(C).
    19. Zhang, Weifeng & Ding, Jialu & Yin, Suzhen & Zhang, Fangyuan & Zhang, Yao & Liu, Zhan, 2024. "Thermo-economic optimization of an artificial cavern compressed air energy storage with CO2 pressure stabilizing unit," Energy, Elsevier, vol. 294(C).
    20. Budt, Marcus & Wolf, Daniel & Span, Roland & Yan, Jinyue, 2016. "A review on compressed air energy storage: Basic principles, past milestones and recent developments," Applied Energy, Elsevier, vol. 170(C), pages 250-268.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:313:y:2024:i:c:s0360544224034455. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.