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| Study on the Economic Analysis Method of Advanced Adiabatic Compressed Air Energy Storage in Integrated Energy System |
| Yin Binxin1, Miao Shihong1, Li Yaowang1, Zhang Songyan1, Wang Jihong1,2 |
1. State Key Laboratory of Advanced Electromagnetic Engineering and Technology Hubei Electric Power Security and High Efficiency Key Laboratory School of Electrical and Electronic Engineering Huazhong University of Science and Technology Wuhan 430074 China;
2. School of Engineering Warwick University Coventry CV4 8UW UK |
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Abstract Advanced adiabatic compressed air energy storage (AA-CAES) is a large-capacity energy storage technology with the advantages of low cost and no demand of fuel, as well as the ability of cooling-heating-power storage and supply. In integrated energy system (IES), AA-CAES can exert its unique advantages and improve the energy efficiency of IES further. Economic analyses of AA-CAES based on the operation of IES can reflect the economic benefit of AA-CAES power station, and it is of great significance to the development and application of AA-CAES technology. A life cycle economic assessment model is established for IES in the situation that auxiliary equipment, such as AA-CAES power plant, battery and power-to-gas device, participate in IES operation. In order to reflect the operation situation and cost of IES, an optimal operation model of large scale IES is established, considering the coordinated interaction of major equipment. Based on the model, the optimal operation results of IES with different auxiliary equipment, such as AA-CAES power plant, battery or power-to-gas device, are obtained. Finally, the economic performance of AA-CAES power station in IES is analyzed and compared with and other auxiliary equipment through life cycle cost of the auxiliary equipment and the operation cost of IES.
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Received: 27 August 2019
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2020, Vol. 35 
