1. Introduction
Nowadays, there has been an intense adoption of renewable energy sources, especially solar photo-voltaic (PV) and wind power, aiming to achieve deep decarbonization in the energy sector. According to estimates from the International Energy Agency (IEA), renewable energy sources represented 27% of the total electricity generation in 2019, almost half of this is from wind and solar PV. This scenario is forecast to increase up to 49% by 2030 [
1]. Such rapid incorporation of renewable sources presents challenges to the electricity grid since these sources usually operate intermittently and cannot directly provide reliable and stable power supply. Energy storage systems can significantly mitigate the unpredictable nature of these renewable energy sources, providing predictability and also availability to the electricity grid so that a better match between demand and generation can be obtained [
2]. Different large-scale energy storage solutions are currently being explored to alleviate these issues, such as pumped hydroelectric energy storage (PHES) and compressed air energy storage (CAES) [
3]. However, the application of these technologies is limited by their drawbacks. For instance, PHES and CAES systems can ensure large storage capacity, but further expansion of these technologies is limited by geographical restrictions [
4]. In addition, CAES systems present low efficiency that is caused by thermodynamic inefficiencies during the compressed air and air expansion processes [
5]. Liquid air energy storage systems (LAES) seem to represent a promising large-scale technological solution and has drawn significant attention in the last decade for industrial application [
6]. This technology is a potential candidate to meet energy storage requirements since it is free from geographic limitations, presents high volumetric energy density, has low storage loss, and has long operational lifetimes [
7].
The main disadvantage of standalone LAES systems that may compromise the feasibility of industrial applications is their low round-trip efficiency [
8]. Morgan et al. [
9], who investigated the first LAES plant, constructed by Highview Power Storage and reported a round-trip efficiency of only 8%. Nonetheless, this efficiency can be significantly improved by storing heat from compressors inter- and after-coolers to heat the air to temperatures above the environmental temperatures in the superheaters and turbine reheaters [
10]. In addition to that, the cooling effect from the evaporation of liquid air can also be used to assist in the air liquefaction process [
11]. Thus, round-trip efficiencies can achieve values above 50% when proper energy integration is adopted [
12,
13]. Sciacovelli et al. [
14] analyzed the impact of temporary cold energy storage on LAES performance using dynamic modeling. These authors found that round-trip efficiency could be improved by 50% by the use of packed beds to store the cold fluid. Liu et al. [
15] analyzed and compared different options for cold thermal energy storage for performance improvement. The authors indicated that using multi-component fluid cycles rather than two single fluid cycles (methanol and propane cycles) presents advantages in terms of liquid yield and specific power consumption due to better temperature match at cold box, reaching a round-trip efficiency of 64.7%. Similar approaches were proposed by other authors [
16,
17,
18,
19,
20], who studied the effects of cold storage devices on the performance of standalone LAES systems, finding that the round-trip efficiency could be increased to approximately 60%. Other investigations [
21,
22,
23,
24,
25] evaluated the improvements in the round-trip efficiency of standalone LAES systems with internal thermal energy storage as a function of isentropic efficiency of turbines and compressors, and the optimization of key parameters as liquefaction and expansion pressures. The results revealed that a round-trip efficiency of up to 55% could be attained using conservative design parameters.
Recent studies have focused on improving its efficiency by integrating LAES with other energy systems. Wu et al. [
26] proposed LAES integrated with thermochemical energy storage (TCES) by using the waste heat of the oxidation reactor to increase the inlet temperature of the LAES power turbine, reaching a round-trip efficiency of 47.4%. Gao et al. [
27] investigated an LAES system that was coupled to combined cycle power plant and to a liquified natural gas (LNG) regasification plant, in which the exhaust heat was used to heat up the air prior to the expansion process and the cold exergy from LNG regasification to reduce the LAES compression power consumption. The authors reported an exergy efficiency 47.8%. Ji et al. [
28] proposed a hybrid wind-solar-LAES system, in which the electricity that was generated by the wind turbine runs air compressors and the heat that was required to evaporate and superheat the liquified air was supplied by solar collectors, achieving an exergy efficiency of 44.2%. Kantharaj et al. [
29] proposed the integration of compressed air and liquid air energy storage. In spite of the low round-trip efficiency (42%), the hybrid system is more economical than the individual storage systems. Park et al. [
30] assessed an LAES system that was thermally coupled to a nuclear power generation plant achieving an exergy efficiency of 51%. Cetin et al. [
31] proposed an LAES system that was integrated with a geothermal power plant using geothermal energy to evaporate and superheat the liquefied air. The round-trip efficiency reached 46.7%. He et al. [
32] proposed a cascade utilization of the LNG cold exergy to supply the LAES compression process, a cryogenic organic Rankine cycle (ORC), and district cooling, achieving an exergy efficiency of 73.9%. Park et al. [
33] proposed a novel method using liquid air for both recovering the LNG cold exergy that was otherwise wasted to the seawater and using the cold exergy to reduce the exergy that was destroyed in natural gas liquefaction. The exergy efficiency of this novel method was 54.9%.
Aiming at an alternative utilization of the waste heat from compressors inter- and aftercoolers, Tafone et al. [
34] proposed several LAES-ORC integration, achieving a maximum round-trip efficiency of 52.9%. Peng et al. [
35] proposed an LAES-ORC-absorption refrigeration cycle, in which the heat that was released from LAES compression train is used as heat source of both ORC and absorption chiller, achieving a round-trip efficiency of 61.3%. She et al. [
36] proposed a hybrid system using the compression intercooler heat as heat source of an ORC and a vapor compression refrigeration system to cool ORC condenser. The round-trip efficiency that was observed for this system was 55.5% and, from an economic viewpoint, the payback period showed that the addition of the vapor compression refrigeration system is more economical compared to a solution that uses only the ORC, reducing the payback period from 3.1 to 2.7 years. Xue et al. [
37] analyzed a novel combined cooling, heating, and power system, in which an absorption refrigeration system is introduced to utilize the compression heat to district cooling, achieving an exergy efficiency of 57%. Zhang et al. [
38] proposed the integration of LAES with ORC and Kalina cycle to recover the compression heat. Owing to the additional power generation, the round-trip efficiency of the proposed systems was 56.9% and 56.1%, respectively. Few articles have been published on the use of ORCs in cryogenic conditions, though. Hamdy et al. [
39] evaluated a cryogenic ORC which uses the waste heat from the compression train and liquid air as the heat source and sink, respectively. The integrated LAES system has a round-trip efficiency of 32.1%. Cetin et al. [
40] proposed an LAES system that was integrated with a cryogenic ORC which uses liquid air as a heat sink and geothermal water as a heat source. With geothermal water at 180 °C, the round-trip efficiency of LAES system is 30.3%. Antonelli et al. [
41] integrated a cryogenic ORC to an LAES system that was coupled to a gas turbine. The gas turbine exhaust gas was used as a heat source for the ORC and to superheat the liquid air simultaneously while liquid air from the tank was used as heat sink for the ORC. Due to the high temperature of the gas turbine exhaust gases, the LAES round-trip efficiency that was obtained was 61.2%.
The economic aspects of LAES plants in terms of the cost of electricity storage have been analyzed in the literature. The levelized cost of storage (LCOS) is one of the most common parameters that is used in economic evaluation, considering the investment (CAPEX) and operational costs (OPEX) for the entire service lifetime of the plant [
42]. In addition, LCOS allows different storage technologies to be evaluated and compared even with different cost structures [
43]. For instance, Abdon et al. [
42] calculated the LCOS for PHES, CAES, and lithium-ion batteries for short- to long-term scales. The authors showed that for the short time scale, battery technologies are the most cost-efficient technology, while PHES and CAES performs better when developed for medium- to large-scales. Tafone et al. [
44] investigated the techno-economic feasibility of LAES-ORC integration. The authors showed that this system is economically viable, achieving a round-trip efficiency of 52.6% and able to reduce the LCOS by 10% when compared to standalone LAES. Hamdy et al. [
45] proposed a techno-economic analysis of hybrid LAES systems based on the LCOS. The economic analysis showed that the most significant results were achieved by fired LAES system and the LAES with waste heat integration at 350–450 °C achieving LCOS of 161 €/MWh and 171 €/MWh, respectively. Xie et al. [
46] evaluated the economic feasibility of an LAES system, showing that, with the absence of waste heat, LAES is not economically competitive, and a positive net present value is achieved only for a waste heat of at least 150 °C.
In spite of the fact that several configurations of LAES systems have been proposed for performance improvement, no work has dealt with the use of the temperature difference between compressed air and cryogenic vapor fraction aiming at additional work production. This paper focuses on a new configuration of LAES proposing a cryogenic air Rankine cycle (ARC) to reduce the exergy destruction during the heat-exchanging in the liquefaction process while reducing liquefaction power consumption. The cryogenic ARC uses compressed air as the heat source and saturated vapor from liquid air tank as the heat sink. A parametric study was carried out for proper setting of pressures and an exergy analysis was performed for both the new optimized case and a base case in order to indicate in more detail the benefits of the proposed modification. In addition, the feasibility of the new configuration was evaluated in economic terms.
4. Results and Discussion
The results show a round-trip energy/exergy efficiency of 54.1% for the base case LAES system, with an electricity consumption per kg of liquid air of 0.217 kWh/kg
air. The use of ARC increases liquid air yield comparison with the base case since the ARC decreases the temperature of the air entering in the multi-stream heat exchanger. Also, the round-trip energy/exergy efficiency increased in 5.6% to 57.1%. It is also possible to note that the electricity consumption per kg of liquid air during the liquefaction process dropped from 0.217 to 0.206 kWh/kg
air and the liquid air yield increased from 86.0% to 90.7% of the compressed air mass flow rate. The thermodynamic properties of each stream of the new configuration are presented in
Table A1.
Regarding the results from ARC optimization, this system presented a mass flow rate of 0.1 kg per kg of stream 8 (heat source), a condensing pressure of approximately 3 MPa and an evaporating pressure of 6 MPa. This system produces 2.4 kW during LAES charging while retrieving 18 kW of heat from LAES compressed air, thus presenting an energy and exergy efficiency of 13.2% and 33.7%, respectively. It is important to note that both effects, i.e., net energy that is retrieved from the compressed air and the electricity that is produced, are positive for LAES.
4.1. Parametric Analysis
The proposed configuration was tested by varying the compression outlet, pump outlet, and storage pressures.
4.1.1. Compression Outlet Pressure
The compression outlet pressure was varied from 16 to 22 MPa while the cryogenic pump outlet pressure (8 MPa) and storage pressure (0.1 MPa) were kept constant.
Figure 3 shows the influence of compression outlet pressure on the LAES performance. The round-trip energy/exergy efficiency increases with the increase of compression pressure to a maximum of 57.1% at 18 MPa. Increasing the compressor outlet pressure allows large expansion in the cryo-turbine, increasing the liquid yield in the tank, consequently, increasing the round-trip energy/exergy efficiency. Above 18 MPa, however, the pressure increment effect on the liquid yield is not sufficient to compensate for the increment in the compressors power consumption.
4.1.2. Pump Outlet Pressure
Figure 4 shows the effect of the pump outlet pressure variation (5 to 8.5 MPa) on the LAES performance keeping storage pressure at 0.1 MPa and compression outlet pressure at 18 MPa. An increment in the pump pressure leads to an increment in the net output power and in the round-trip energy/exergy efficiency. Since the pump work consumption is a fraction of the power turbine output, one can conclude that the highest possible pump outlet pressure should be used in the LAES plant. However, at pressures above 8.5 MPa, the temperature of the air increases to a point at which it is not possible to operate the cold box satisfactorily.
4.1.3. Storage Pressure
Figure 5 shows the effect of the storage pressure on the LAES performance and volumetric energy density while compression and pump outlet pressures are maintained at 18 and 8 MPa, respectively. It can be observed that the round-trip efficiency of the proposed system increases from 57.1% to 57.9% when the storage pressure increases from 0.1 to 2.1 MPa. This is mainly due to an increased liquid air production. For storage pressures that are greater than 2.1 MPa, the air can be completely liquified and the proposed configuration, which uses the vapor fraction for heat exchanging, would not be appliable. On the other hand, the volumetric energy density gradually decreases from 102.7 to 73.5 kWh/m
3 when the storage pressure increases. It can be explained by the increase in temperature which offsets the effect of pressure on density of the stored air as previously indicated in [
57]. Thus, there is a clear trade-off between the efficiency and energy density that has to be taken into consideration.
4.2. Exergy Analysis
The exergy that is consumed for the liquefaction of air comes from the grid (electricity to be stored) and from the exergy that is generated during regasification and stored in propane, methanol, and cold oil tanks (in blue). On the other hand, the products of liquefaction are the exergy in liquid air and in hot oil (in red), which are consumed during regasification to generate electricity and “cold” exergy and electricity.
In respect to the base case, the highest share of internal exergy destruction corresponds to compressors, 19.7%, and power turbines, 17.9%, as can be observed in
Figure 6. To avoid this irreversibility, more efficient compressors and turbines have to be used, which can be achieved by adding more intercooling and reheating stages, respectively. The multi-stream heat exchanger (cold box) is the third largest component in terms of exergy destruction in the base case. A reduction of this irreversibility can be envisaged by a better temperature match among the streams, which does not necessarily imply higher specific costs. The heat exchanger 1 also has a significant share of exergy destruction (13.6%). This happens due to the large temperature difference between propane and air, which could be reduced by increasing the cold energy storage steps, i.e., creating a smooth temperature reduction.
Regarding the LAES system with ARC, the highest share of internal exergy destruction also corresponds to compressors, 20.1%, and power turbines, 19.2%, as can be seen in
Figure 7. The inclusion of the ARC, besides adding extra power, reduces the temperature difference in the multi-stream heat exchanger generating a significant reduction in the exergy that is destroyed in this component (39.4 to 17.0 kW), leading to a higher mass flow rate of liquid air that is stored (0.86 to 0.91 kg/s).
Table 4 compares the internal and external exergy destruction of each component of the base case and proposed LAES system. The overall exergy destruction is reduced by 6 kW by the inclusion of the ARC while the round-trip efficiency increases 3.0 percentual points.
4.3. Economic Analysis
The economic analysis was conducted to demonstrate the economic feasibility of the proposed system in comparison to the base case. The equipment cost functions for each component are listed in
Table A2. The basic equipment parameters, such as area, volume, and power, were retrieved from Aspen HYSYS
® software. The investment cost of the new configuration increases by US
$ 60,464.42 compared to the base case. The difference between these two systems lies on the addition of the ARC and on sizing, since a larger yield of liquid air is produced. Even though there is an increase in the investment cost, the economic analysis shows a lower LCOS, i.e., 185.48
$/kWh for the proposed case in comparison to 188.62
$/kWh for the base case. The additional capital and operational cost that is introduced with the ARC is offset by the increase in the round-trip efficiency.