Energy storage

  • Les Duckers Loughborough University of Technology, UK
Keywords: Renewable energy, Energy Storage, Climate Change

Abstract

Aim: The aim of this paper is to explore Energy Storage requirements and options to suit the needs of systems and transport fed from renewables. The variability of wind and solar sources in particular and the demand for transport energy are seen as key issues.

Design / Research methods: The paper outlines the need for energy storage and compares the energy density and power density of a selection of storage options.

Conclusions / findings: The results illustrate the difficulties of finding storage mechanisms to rival fossil fuels in both energy density and power density. Moreover finding the natural resources to provide sufficient storage will be a serious challenge even though the economic costs of storage systems are falling..

Originality / value of the article: The article demonstrates the importance of energy storage to the successful development of renewable energy systems, and of the economic and physical characteristics that such energy storage schemes should have.

Implications of the research: Energy storage as a topic should be given a high priority for research and development.

Limitations of the research: This article is not comprehensive and a review of best practice internationally would be a valuable extension to this work.

JEL: Q42

References

BP (2021), Statistical review of world energy, https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2021-full-report.pdf [10.08.2022].

BP (2022). Statistical review of world energy (does not show resource to production rations, see previous years report), https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2022-full-report.pdf [10.08.2022].

IRENA (2022), Energy profile Tunisia, https://www.irena.org/IRENADocuments/Statistical_Profiles/Africa/Tunisia_Africa_RE_SP.pdf https://www.irena.org/.../Tunisia_Africa_RE_SP.pdf [18.09.2022].

CAPA (2021), Aviation Sustainability and the Environment, https://centreforaviation.com/analysis/reports/aviation-sustainability-and-the-environment-capa-15-jul-2021-568189 [16.09.2022].

Foyers Hydro Scheme (2022), Foyers Hydro Scheme, https://www.sserenewables.com/hydro/foyers [10.08.2022].

Hornsea 2 (2022), https://hornseaprojects.co.uk/hornsea-project-two [10.08.2022].

Houghton J. (2009), Global warming: the complete briefing, 4th ed., Cambridge University Press, London.

IMO (2021), MO at COP 26, https://www.imo.org/en/OurWork/Environment/Pages/IMO-at-COP-26.aspx [16.09.2022].

Independent (2013), https://www.independent.co.uk/news/uk/home-news/ [10.08.2022].

Itaipu Binacional (2022), https://www.itaipu.gov.br/en [10.08.2022].

ITV (2022), https://www.itv.com/news/london/2022-07-25/london [10.08.2022].

Lazard (2022), Levelized cost of energy, levelized cost of storage, and levelized cost of hydrogen, https://www.lazard.com/perspective/levelized-cost-of-energy-levelized-cost-of-storage-and-levelized-cost-of-hydrogen [10.08.2022].

Marshall T. (2015), Prisoners of geography. Ten maps that tell you everything you need to know about global politics, Elliott and Thompson, London.

Mercedes (2019), https://www.mercedesamgf1.com/en/news/2019/06/ [10.08.2022].

Polar Night Heating (2022), https://polarnightenergy.fi [10.08.2022].

RenewableUK (2022), https://www.renewableuk.com [10.08.2022].

Shippingwatch (2022), https://shippingwatch.com/carriers/article11719866.ece#:~:text=Maersk%20and%20BMW%20to%20develop%20ship%20fuel%20from,fuel%20types Maersk and BMW to develop ship fuel from alcohol, [16.09.2022].

Vehicle Certification Agency (2022), Find fuel consumption and emissions information on a new or used car (database), vehicle-certification-agency.gov.uk, [04.08.2022].

Volvo (2022), Electric Buses, https://www.volvobuses.com/en/city-and-intercity/innovation/electric-buses.html [16.09.2022].

Yergin D. (1991), The prize: the epic quest for oil, money and power, Free Press, New York.

Yergin D. (2021), The new map – energy, climate, and the clash of nations, Penguin Random House, London.

Published
2022-09-23