Research Article
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Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services

Year 2022, Volume: 26 Issue: 3, 633 - 642, 30.06.2022
https://doi.org/10.16984/saufenbilder.1085215

Abstract

Increasing renewables in energy mix results in lower emissions but also increased fluctuations in the electricity grid. Current thermal energy conversion-based systems will stay as main electricity generation in the grid, and they will support base loads of the system. Whether these systems are fossil or geothermal sourced they need adaptive technologies to harmonize with the changing network. This study aims to investigate feasibility and performance to satisfy response demands for a proposed thermal energy storage system connected to feed stream of thermal power generation to support ancillary services in a case study in Turkey. Tin is selected as the phase change material for its good inductive properties. It is demonstrated numerically that the evaluated heat storage tank, filled with tin, provides adequate time for thermal discharging within time limits to benefit from hourly ancillary power market. Using hourly pricing data for entire 2020, it is found that proposed system shows better economic performance than investment requirement of ROI over 11% as stated in various literature for renewable energy systems. Analysis of system economic performance shows a ROI of 16% and NPV is 17.8% higher than required investment.

Supporting Institution

Yaşar University

Project Number

Yaşar Ünversitesi – Scientific Research Project - No: BAP-080.

Thanks

The authors gratefully acknowledge the support from Yaşar University.

References

  • [1] Roadmap 2050, A Practical Guide to A Prosperous, Low-Carbon Europe Technical Analysis, https://www.roadmap2050.eu/attachments/files/Volume1_fullreport_PressPack.pdf, (Accessed: 08.03.2021).
  • [2] ITRE (Committee on Industry, Research and Energy), “Follow up to the European Parliament non-legislative resolution on a comprehensive European approach to energy storage”, P9_TA-PROV (2020) 0198, 10 July 2020.
  • [3] B. Cárdenas, L. Noel, “High temperature latent heat thermal energy storage: Phase change materials, design considerations and performance enhancement techniques” Renewable and Sustainable Energy Reviews, vol.27, pp.724-737, 2013.
  • [4] K. Vigneshwaran, G.S. Sodhi, P. Muthukumara, A. Guhac, S. Senthilmurugana, “Experimental and numerical investigations on high temperature cast steel based sensible heat storage system” Energy, vol. 251, 113322., 2019.
  • [5] M.A. Bashir, A. Giovannelli, “Design optimization of the phase change material integrated solar receiver: A numerical parametric study”. Applied Thermal Engineering, vol. 160, 114008., 2019.
  • [6] M. Zeneli, I. Malgarinos, A. Nikolopoulos, N. Nikolopoulos, P. Grammelis, S. Karellas, E. Kakaras, “Numerical simulation of a silicon-based latent heat thermal energy storage system operating at ultra-high temperatures” Applied Energy, vol. 242, pp. 837-853, 2019.
  • [7] P. Royo, L. Acevedo, V.J. Ferreira, T. García-Armingol, A.M. Lopez-Sabiron, G. Ferreira, “High-temperature PCM-based thermal energy storage for industrial furnaces installed in energy-intensive industries”. Energy, vol. 173, pp. 1030-1040, 2019.
  • [8] M. Dulau, B. Dorin, “Mathematical modelling and simulation of the behaviour of the steam turbine” Procedia Technology vol.12, pp. 723-729, 2014.
  • [9] O. Lucía, P. Maussion, E. J. Dede, J. M. Burdío, “Induction heating technology and its applications: past developments, current technology, and future challenges” IEEE Transactions on industrial electronics, vol. 61, no. 5, pp. 2509-2520, 2013.
  • [10] V. Rudnev, D. Loveless, R.L. Cook, “Handbook of induction heating” CRC press, 2017.
  • [11] Wikipedia, Tin Physical Properties, https://en.wikipedia.org/wiki/Tin, accessed: 03.05.2021
  • [12] Therminol, Therminol XP Physical Properties, https://www.therminol.com/sites/therminol/files/documents/TF-8694_Therminol_XP_Technical_Bulletin.pdfi, accessed: 03.05.2021
  • [13] Turkish Electricity Transmission Corporation energy market management system transparency tool, https://tpys.teias.gov.tr/, accessed April 2022
  • [14] TEİAŞ, Turkish Electricity Transmission Corporation, “Electricity Market Ancillary Services Regulation”, Elektrik Piyasasi Yan Hizmetler Yönetmeliği, 26.20.2018, Official Gazette (in Turkish)
  • [15] X. Zhou, W. Christian, C. Ben, “The energy transition and changing financing costs”, Oxford Sustainable Finance Programme, Smith School of Enterprise and The Environment, University of Oxford, April 2021.
Year 2022, Volume: 26 Issue: 3, 633 - 642, 30.06.2022
https://doi.org/10.16984/saufenbilder.1085215

Abstract

Project Number

Yaşar Ünversitesi – Scientific Research Project - No: BAP-080.

References

  • [1] Roadmap 2050, A Practical Guide to A Prosperous, Low-Carbon Europe Technical Analysis, https://www.roadmap2050.eu/attachments/files/Volume1_fullreport_PressPack.pdf, (Accessed: 08.03.2021).
  • [2] ITRE (Committee on Industry, Research and Energy), “Follow up to the European Parliament non-legislative resolution on a comprehensive European approach to energy storage”, P9_TA-PROV (2020) 0198, 10 July 2020.
  • [3] B. Cárdenas, L. Noel, “High temperature latent heat thermal energy storage: Phase change materials, design considerations and performance enhancement techniques” Renewable and Sustainable Energy Reviews, vol.27, pp.724-737, 2013.
  • [4] K. Vigneshwaran, G.S. Sodhi, P. Muthukumara, A. Guhac, S. Senthilmurugana, “Experimental and numerical investigations on high temperature cast steel based sensible heat storage system” Energy, vol. 251, 113322., 2019.
  • [5] M.A. Bashir, A. Giovannelli, “Design optimization of the phase change material integrated solar receiver: A numerical parametric study”. Applied Thermal Engineering, vol. 160, 114008., 2019.
  • [6] M. Zeneli, I. Malgarinos, A. Nikolopoulos, N. Nikolopoulos, P. Grammelis, S. Karellas, E. Kakaras, “Numerical simulation of a silicon-based latent heat thermal energy storage system operating at ultra-high temperatures” Applied Energy, vol. 242, pp. 837-853, 2019.
  • [7] P. Royo, L. Acevedo, V.J. Ferreira, T. García-Armingol, A.M. Lopez-Sabiron, G. Ferreira, “High-temperature PCM-based thermal energy storage for industrial furnaces installed in energy-intensive industries”. Energy, vol. 173, pp. 1030-1040, 2019.
  • [8] M. Dulau, B. Dorin, “Mathematical modelling and simulation of the behaviour of the steam turbine” Procedia Technology vol.12, pp. 723-729, 2014.
  • [9] O. Lucía, P. Maussion, E. J. Dede, J. M. Burdío, “Induction heating technology and its applications: past developments, current technology, and future challenges” IEEE Transactions on industrial electronics, vol. 61, no. 5, pp. 2509-2520, 2013.
  • [10] V. Rudnev, D. Loveless, R.L. Cook, “Handbook of induction heating” CRC press, 2017.
  • [11] Wikipedia, Tin Physical Properties, https://en.wikipedia.org/wiki/Tin, accessed: 03.05.2021
  • [12] Therminol, Therminol XP Physical Properties, https://www.therminol.com/sites/therminol/files/documents/TF-8694_Therminol_XP_Technical_Bulletin.pdfi, accessed: 03.05.2021
  • [13] Turkish Electricity Transmission Corporation energy market management system transparency tool, https://tpys.teias.gov.tr/, accessed April 2022
  • [14] TEİAŞ, Turkish Electricity Transmission Corporation, “Electricity Market Ancillary Services Regulation”, Elektrik Piyasasi Yan Hizmetler Yönetmeliği, 26.20.2018, Official Gazette (in Turkish)
  • [15] X. Zhou, W. Christian, C. Ben, “The energy transition and changing financing costs”, Oxford Sustainable Finance Programme, Smith School of Enterprise and The Environment, University of Oxford, April 2021.
There are 15 citations in total.

Details

Primary Language English
Subjects Mechanical Engineering
Journal Section Research Articles
Authors

Emin Selahattin Umdu 0000-0003-3950-5367

Levent Bilir 0000-0002-8227-6267

Project Number Yaşar Ünversitesi – Scientific Research Project - No: BAP-080.
Publication Date June 30, 2022
Submission Date March 9, 2022
Acceptance Date May 16, 2022
Published in Issue Year 2022 Volume: 26 Issue: 3

Cite

APA Umdu, E. S., & Bilir, L. (2022). Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services. Sakarya University Journal of Science, 26(3), 633-642. https://doi.org/10.16984/saufenbilder.1085215
AMA Umdu ES, Bilir L. Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services. SAUJS. June 2022;26(3):633-642. doi:10.16984/saufenbilder.1085215
Chicago Umdu, Emin Selahattin, and Levent Bilir. “Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services”. Sakarya University Journal of Science 26, no. 3 (June 2022): 633-42. https://doi.org/10.16984/saufenbilder.1085215.
EndNote Umdu ES, Bilir L (June 1, 2022) Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services. Sakarya University Journal of Science 26 3 633–642.
IEEE E. S. Umdu and L. Bilir, “Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services”, SAUJS, vol. 26, no. 3, pp. 633–642, 2022, doi: 10.16984/saufenbilder.1085215.
ISNAD Umdu, Emin Selahattin - Bilir, Levent. “Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services”. Sakarya University Journal of Science 26/3 (June 2022), 633-642. https://doi.org/10.16984/saufenbilder.1085215.
JAMA Umdu ES, Bilir L. Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services. SAUJS. 2022;26:633–642.
MLA Umdu, Emin Selahattin and Levent Bilir. “Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services”. Sakarya University Journal of Science, vol. 26, no. 3, 2022, pp. 633-42, doi:10.16984/saufenbilder.1085215.
Vancouver Umdu ES, Bilir L. Economic and Technical Performance Assessment of a Thermal Energy Storage System for Ancillary Services. SAUJS. 2022;26(3):633-42.