eprintid: 10070721
rev_number: 28
eprint_status: archive
userid: 608
dir: disk0/10/07/07/21
datestamp: 2019-03-22 10:26:15
lastmod: 2020-02-12 16:28:40
status_changed: 2019-03-25 15:26:28
type: proceedings_section
metadata_visibility: show
creators_name: Foster, A
creators_name: Negro, D
creators_name: Varga, L
creators_name: Hu, Y
creators_name: Fikiin, K
creators_name: Evans, J
title: Financial viability of liquid air energy storage applied to cold storage warehouses
ispublished: pub
divisions: UCL
divisions: A01
divisions: B04
divisions: C05
divisions: F44
keywords: Cold Store,
Cryogenics,
Liquid,
Air,
Energy Storage,
Performance,
Economy,
Belgium
note: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
abstract: Cold storage warehouses (CSWs) are large energy consumers and account for a significant portion of the global energy demand. CSWs are ideally suited for solar renewable energy, as they generally have large flat roofs and their peak demand can coincide with the sun shining. A challenge with fluctuating renewables is their variability,which means generation may not coincide with demand. Liquid air energy storage (LAES) is a technology that stores electrical energy as a cryogenic liquid. This paper presents twostrategies for using LAES at CSWs, firstly to shift the import of energy from peak to off-peak tariffs and secondly to store on site renewable energy when there is a surplus and use when not. The financial viability of these strategies is then investigated taking into account the capital cost of the LAES and the money that can be saved due to the differences in tariffs at different times.
date: 2018-04-08
date_type: published
publisher: IIR
official_url: https://doi.org/10.18462/iir.iccc.2018.0067
oa_status: green
full_text_type: pub
language: eng
primo: open
primo_central: open_green
verified: verified_manual
elements_id: 1629733
doi: 10.18462/iir.iccc.2018.0067
isbn_13: 9782362150241
lyricists_name: Hu, Yukun
lyricists_name: Varga, Elizabeth
lyricists_id: YHUDX81
lyricists_id: EEVAR60
actors_name: Varga, Elizabeth
actors_id: EEVAR60
actors_role: owner
full_text_status: public
series: IIR International Conference on Sustainability and the Cold Chain
publication: Refrigeration Science and Technology
volume: 2018
place_of_pub: Beijing, China
pagerange: 508-515
event_title: 5th IIR International Conference on Sustainability and the Cold Chain
event_location: Beijing, China
event_dates: 6-8 April 2018
issn: 0151-1637
book_title: 5th IIR International Conference on Sustainability and the Cold Chain. Proceedings: Beijing, Chine, 6-8 avril 2018
citation:        Foster, A;    Negro, D;    Varga, L;    Hu, Y;    Fikiin, K;    Evans, J;      (2018)    Financial viability of liquid air energy storage applied to cold storage warehouses.                     In:  5th IIR International Conference on Sustainability and the Cold Chain. Proceedings: Beijing, Chine, 6-8 avril 2018.  (pp. pp. 508-515).  IIR: Beijing, China.       Green open access   
 
document_url: https://discovery.ucl.ac.uk/id/eprint/10070721/1/Foster%20et%20al%20Beijing.2018.pdf