Evaluating and improving technologies for energy storage and backup power

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Evaluating and improving technologies for energy storage and backup power

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Due to the increasing emission of greenhouse gases and global warming, the development of renewable energy has become very important. The availability of fossil fuels and the low cost of their extraction compared to renewable energy projects reduce the motivation of countries, especially countries that have abundant natural resources, to develop this technology. Renewable energy deployment has become crucial in response to rising greenhouse gas emissions and global warming. Policies supporting renewable energy play a significant role in this. This study examines the effect of such policies on the deployment of renewable energy technologies, considering the role of natural resources. Two groups of countries were analysed: 20 oil developed countries and 20 oil developing countries. Given the availability of data and the achievement of balanced panels to evaluate short-term and long-term relationships between variables, in current research Data from 2010 to 2020 was used, and various panel data estimators such as Feasible Generalized Least Squares and Generalized Method of Moments were employed. The Quantile estimator was also used to assess the accuracy of the results. The findings suggest that renewable energy policies consistently lead to increased deployment of renewable energy technologies, regardless of a country's group. Of course, this positive effect is different according to the level of development in countries. Due to the higher efficiency of renewable energy policy, developed oil countries have more capacity to support renewable energy projects than oil developing countries. The abundance of natural resources in oil developed countries did not negatively impact renewable energy capacity, but in oil developing countries, the "resource curse" hindered the development of installed renewable energy.

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The full decarbonization of electric grids, as planned by the European Union and other Administrations for 2050, calls for energy storage (ES) systems capable of discharging at full power over periods longer than 4-5 hours, which is the typical duration of internal storage batteries such as Li-ion and Sa-X. Such long discharge periods are already in the capability of some energy storage technologies, notably pumped-hydro (PH) ES, which was introduced at the beginning of the 20th century and today accounts worldwide for 165 GW of power capacity and 1.6 TWh of energy storage, corresponding to 96% and 99% of the global storage figures, respectively. However, a major increase in ES demand is expected in the coming decades heading to 1.25 TW and 5 TWh by 2050, which cannot be covered by PH, due to geomorphological, environmental, and technical constraints. While conventional batteries (e.g. Li-ion, Na-ion) will continue to expand to face the growing demand for fast energy storage, the increasing request for Long Duration Energy Storage will rely on other technologies and Flow Batteries are emerging as strong candidates for taking over an important share.They are presently investigated and developed in over 50 different chemistries which range from low-medium to high Technological Readiness Level (TRL). The former include still technologically immature systems typically studied at laboratory level in small single cells (1–101 W) for characterizing materials, not systems. Research is focused on some chemistries based on non-critical materials, among which: Copper-Copper, Polysulfide-Bromine, Iron-Chromium, Zinc-Cerium, Organic compounds: Quinone, Viologen, TEMPO, Polymers of various nature, and Lithium-ion flow and some larger pilot systems have been made (102 kW) but related data is often classified or not accessible. The high TRL types are often already produced and marketed, even in very large sizes (10 kW–102 MW and 10 kWh–102 MWh) using chemistries such as: Vanadium-Vanadium, Zinc-Bromine, Iron-Iron, Hydrogen-Bromine. Although the all-vanadium type exhibits the best performance, it raises geopolitical issues due to the strong localization of ore reserves which make this metal a critical raw material (CRM), e.g. in the European Union. In this scenario the research on some iron-complex-based FBs is taking momentum due to wide accessibly and low cost of the metal, despite performance still call for major improvements. Techno-economic analyses and forecasts using tools such as the levelized cost of storage (LCOS) and the net present value (NPV) can provide important insight in addressing strategically the developing research. References EASE, Energy Storage - Targets 2030 and 2050, EASE Report, Reports and Studies, June 2022.Jeremy Twitchell, Kyle DeSomber, and Dhruv Bhatnagar. Defining long duration energy storage. J. Energy Storage, 60 (2023):105787.McKinsey & Company, Net-zero power – Long duration energy storage for a renewable grid, McKinsey & Company Report, November 2022.Böhmer, C. Fenske, C. Lorenz, M. Westbroek. Long-duration energy storage - Regulatory environment and business models in Germany, Spain, France, Italy, and Great Britain. Report created for SPRIND GmbH, Aurora Energy, June 2023Search.J. Guerra, J. Zhang, J. Eichman, P. Denholm, J. Kurtz, B.-M. Hodge, The value of seasonal energy storage technologies for the integration of wind and solar power, Energy Environ. Sci., 13 (7), (2020), 1909–1922. DOI: 10.1039/d0ee00771d.A. Hunter, M.M. Penev, E.P. Reznicek, J. Eichman, N. Rustagi, S.F. Baldwin, Techno-economic analysis of long-duration energy storage and flexible power generation technologies to support high-variable renewable energy grids, Joule, 5 (2021) 2077–2101. Doi: 10.1016/j.joule.2021.06.018.A. Dowling, K.Z. Rinaldi, T.H. Ruggles, S.J. Davis, M. Yuan, F. Tong, N.S. Lewis, K. Caldeira, Role of Long-Duration Energy Storage, in Variable Renewable Electricity Systems, Joule, 4 (2020), 1907–1928.Albertus, J.S. Manser, S. Litzelman, Long-Duration Electricity Storage Applications, Economics, and Technologies Joule, 4 (1), (2020), 21 - 32, DOI: 10.1016/j.joule.2019.11.009.Sanchez-Diez, E. Ventosa, M. Guarnieri, A. Trovò, C. Flox, R. Marcilla, F. Soavi, P. Mazur, E. Aranzabe, R. Ferret, “Redox flow batteries: status and perspective towards sustainable stationary energy storage”, J. Power Sources, 481, (2021) 228804. doi: 10.1016/j.jpowsour.2020.228804.Poli, C. Bonaldo, M. Moretto, M. Guarnieri. Techno-economic assessment of industrial Vanadium Flow Batteries based on experimental data, Appl. Energy, 362 (2024) 122954. DOI: 10.1016/j.apenergy.2024.122954.A. Kurilovich, A. Trovò, M. Pugach, K.J. Stevenson, M. Guarnieri, “Prospect of modeling industrial scale flow batteries – From experimental data to accurate overpotential identification,” Renew. Sustain. Energy Rev., 167 (2022) 112559. doi: 10.1016/j.rser.2022.112559.

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