Techno-economic study of nuclear integrated liquid air energy storage system

Abstract

The significant increase of renewable energy source is expected to induce stability issue of electric grid due to the intermittency of renewable energy. The challenge of intermittency is making energy storage system more important. Among the grid-scale energy storage systems, a Liquid Air Energy Storage System is increasingly popular with its high energy density, long expected service lifetime, less operation and maintenance cost, and less geographical constraint. At the same time, flexibility of nuclear power plant is becoming more important with higher penetration of renewable energy sources. However, load-following operation not only causes safety issues on the fuel integrity, but also leads to economic deterioration of nuclear power plant. In this study, the new concept is suggested by mechanically integrating nuclear steam cycle and liquid air energy storage system to achieve high flexibility and economy of a nuclear power plant. At off peak hour, nuclear energy is stored by bypassing steam from nuclear steam cycle to external steam turbine which mechanically connected to air compressor in the liquid air energy storage system. Air is compressed by air compressor and liquefied by cold energy storage system. At peak hours, the stored energy is recovered by evaporating and expanding. The thermodynamic and economic analyses are conducted on standalone liquid air energy storage system and nuclear integrated liquid air energy storage system to further examine the benefits of the proposed system. The results show that the round-trip efficiency of the proposed system is around 51% and the energy density is 116 kWh/m3. The round-trip efficiency is competitive and the energy density is superior to other grid-scale energy storage system. Also, the integration improves the capacity factor of nuclear power plant by 3%p. The Levelized Cost of Electricity shows $219.8/MWh for standalone liquid air energy storage system and $182.6/MWh for nuclear integrated liquid air energy storage system, reducing 17% of the standalone systems’ cost. The results show that the proposed concept can achieve better economy than using standalone liquid air energy storage system as well as other energy storage systems. In conclusion, the proposed nuclear integrated liquid air energy storage system has very good potential to become a competitive energy storage option and can assist to stabilize the future electricity grid with high reliance on renewable energy.