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Thermo-economic analysis and sizing of a PV plant equipped with a compressed air energy storage system

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  • Arabkoohsar, A.
  • Machado, L.
  • Farzaneh-Gord, M.
  • Koury, R.N.N.

Abstract

Photovoltaic (PV) farms are widely used around the world to provide required electricity. Compressed air energy storage (CAES) system has been already proposed for energy storage applications in large scales. In this work, employing a CAES unit equipped with an ancillary solar heating system for a large scale PV farm in Brazil is proposed. A PV farm with 100 MWp (megawatt peak) capacity is proposed to be built in the most suitable point within Brazil. The sizing of the CAES unit and the solar heating system, which has not been investigated, along with selecting the best power sales strategy for the power plant, which has been always a challenge for renewable energy source power plants, are carried out emphasizing energy-economic considerations. In order to prove the proficiency of the proposal, the performance of the power plant and energy storage unit is assessed over a sample year. In order to have a comprehensive economic analysis, Net Present Value (NPV) method is employed and all the possible uncertainties in the system have been taken into account.

Suggested Citation

  • Arabkoohsar, A. & Machado, L. & Farzaneh-Gord, M. & Koury, R.N.N., 2015. "Thermo-economic analysis and sizing of a PV plant equipped with a compressed air energy storage system," Renewable Energy, Elsevier, vol. 83(C), pages 491-509.
    • Handle: RePEc:eee:renene:v:83:y:2015:i:c:p:491-509
    DOI: 10.1016/j.renene.2015.05.005
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    Citations

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    Cited by:

    1. Arabkoohsar, A. & Dremark-Larsen, M. & Lorentzen, R. & Andresen, G.B., 2017. "Subcooled compressed air energy storage system for coproduction of heat, cooling and electricity," Applied Energy, Elsevier, vol. 205(C), pages 602-614.
    2. Farzaneh-Kord, V. & Khoshnevis, A.B. & Arabkoohsar, A. & Deymi-Dashtebayaz, M. & Aghili, M. & Khatib, M. & Kargaran, M. & Farzaneh-Gord, M., 2016. "Defining a technical criterion for economic justification of employing CHP technology in city gate stations," Energy, Elsevier, vol. 111(C), pages 389-401.
    3. Arabkoohsar, A. & Andresen, G.B., 2017. "Dynamic energy, exergy and market modeling of a High Temperature Heat and Power Storage System," Energy, Elsevier, vol. 126(C), pages 430-443.
    4. Arabkoohsar, A. & Machado, L. & Koury, R.N.N., 2016. "Operation analysis of a photovoltaic plant integrated with a compressed air energy storage system and a city gate station," Energy, Elsevier, vol. 98(C), pages 78-91.
    5. 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).
    6. Zhang, Yuan & Yang, Ke & Hong, Hui & Zhong, Xiaohui & Xu, Jianzhong, 2016. "Thermodynamic analysis of a novel energy storage system with carbon dioxide as working fluid," Renewable Energy, Elsevier, vol. 99(C), pages 682-697.
    7. Arabkoohsar, A. & Andresen, G.B., 2017. "Thermodynamics and economic performance comparison of three high-temperature hot rock cavern based energy storage concepts," Energy, Elsevier, vol. 132(C), pages 12-21.
    8. Shi, Yan & Wu, Tiecheng & Cai, Maolin & Wang, Yixuan & Xu, Weiqing, 2016. "Energy conversion characteristics of a hydropneumatic transformer in a sustainable-energy vehicle," Applied Energy, Elsevier, vol. 171(C), pages 77-85.
    9. Ruixiong Li & Huanran Wang & Erren Yao & Shuyu Zhang, 2016. "Thermo-Economic Comparison and Parametric Optimizations among Two Compressed Air Energy Storage System Based on Kalina Cycle and ORC," Energies, MDPI, vol. 10(1), pages 1-19, December.
    10. Emiliano Borri & Alessio Tafone & Gabriele Comodi & Alessandro Romagnoli & Luisa F. Cabeza, 2022. "Compressed Air Energy Storage—An Overview of Research Trends and Gaps through a Bibliometric Analysis," Energies, MDPI, vol. 15(20), pages 1-21, October.
    11. Arabkoohsar, A. & Andresen, G.B., 2017. "Design and analysis of the novel concept of high temperature heat and power storage," Energy, Elsevier, vol. 126(C), pages 21-33.
    12. Hussam, Wisam K. & Rahbari, Hamid Reza & Arabkoohsar, Ahmad, 2020. "Off-design operation analysis of air-based high-temperature heat and power storage," Energy, Elsevier, vol. 196(C).
    13. Chen, Shang & Arabkoohsar, Ahmad & Zhu, Tong & Nielsen, Mads Pagh, 2020. "Development of a micro-compressed air energy storage system model based on experiments," Energy, Elsevier, vol. 197(C).
    14. Arabkoohsar, A. & Ismail, K.A.R. & Machado, L. & Koury, R.N.N., 2016. "Energy consumption minimization in an innovative hybrid power production station by employing PV and evacuated tube collector solar thermal systems," Renewable Energy, Elsevier, vol. 93(C), pages 424-441.
    15. Arabkoohsar, Ahmad & Rahrabi, Hamid Reza & Alsagri, Ali Sulaiman & Alrobaian, Abdulrahman A., 2020. "Impact of Off-design operation on the effectiveness of a low-temperature compressed air energy storage system," Energy, Elsevier, vol. 197(C).
    16. Arabkoohsar, A. & Andresen, G.B., 2019. "Design and optimization of a novel system for trigeneration," Energy, Elsevier, vol. 168(C), pages 247-260.

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