Thermodynamic analysis of liquid air energy storage system integrating LNG cold energy

Abstract

Liquid air energy storage (LAES) presents a promising solution to effectively manage intermittent renewable energy and optimize power grid peaking. This paper introduces a LAES system integrating LNG cold energy to flexibly manage power peaking, including intermediate energy storage, power generation using organic Rankine cycle, multi-stage direct expansion, and solar energy for heating. Aiming to maximize the electrical round-trip efficiency, a genetic algorithm is employed to optimize the operational parameters of the proposed LAES system. The results indicate that the combined design of cold energy utilization, multi-stage direct expansion and solar heating for proposed LAES system significantly improve the power performance, achieving an energy capacity of 0.125 kWh/kgLNG and an electrical round-trip efficiency of 376.7 %. The exergy losses of heat exchange equipment are far larger than mechanical equipment in the LAES system, so the optimization design of heat exchange equipment is preferred to improve the exergy performance. The proposed system achieves both high efficiency and flexibility and hence contributes to the development of liquid air energy storage systems.