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Compressed Air Energy Storage: Optimal Performance and Techno-Economical Indices

Author(s): Peter Vadasz

Journal: International Journal of Thermodynamics
ISSN 1301-9724

Volume: 2;
Issue: 2;
Start page: 69;
Date: 1999;
Original page

Keywords: energy storage | CAES | compressed air | optimization | technoeconomics

A thermodynamic and techno-economical analysis of a Compressed Air Energy Storage system subjected to an exogenous periodic electricity price function of the interconnection is presented. The fundamental parameters affecting the thermodynamic performance and the techno-economical cost-benefit indices are identified and corresponding optimisation problems are formulated. The results of the analysis permit to obtain the optimal values of the fundamental plant parameters to be used in the design process.
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