US researchers have proposed the use of hydraulically fractured oil and gas wells to store renewable energy via compressed natural gas, with the levelized cost of storage potentially coming in at $70/MWh and $270/MWh. They said wells could also be used to store other renewable gases such as carbon dioxide or hydrogen in the future.
Scientists in the United States have proposed to use a thermochemical energy storage (TCES) technique that stores energy in chemical bonds to recover the heat produced during air compression operations. According to them, this innovation may increase the round-trip efficiency of compressed air energy storage to 60%.
The investment is planned to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.
The plant would be able to deliver 400 MW of electricity for 8 hours, and would be comparable in size to some of California’s largest fossil fuel power plants.
Israel-based Augwind has built its first 250 kW/1 MWh compressed air storage system for the collective community of Yahel, in the southern, desert part of the country. The commercial scale facility will be connected to a PV system and will be used for behind-the-meter services.
Norwegian consultancy DNV today published the latest of its annual surveys of the state of the energy transition and lamented the fact so very little has been achieved during the last five years. We are forging ahead into a world that will be 2.3C hotter this century, predicts the report.
Compressed air energy storage is not exactly a new technology, but recent months have seen it get a new lease on life, as intermittent renewable sources of energy come to the fore.
Two projects in California will fill part of the 1,600 MW of long-duration energy storage that state regulators have said is needed by 2026.
Augwind CEO Or Yogev recently spoke to pv magazine about the Israeli company’s new storage solution for the renewables sector. The underground compressed-air storage specialist recently secured 166 MWh of capacity in Israel’s latest solar+storage tender, and plans to take equity stakes in all five projects.
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
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