Assessing economic feasibility of liquid air energy storage

Researchers have conducted a techno-economic analysis to investigate the feasibility of a 10 MW-80 MWh liquid air energy storage system in the Chinese electricity market. Their assessment showed that a significant level of price volatility is currently a crucial factor for the commercial maturity of this storage technology. Researchers at the Sichuan Normal University in China have introduced a real options-based framework to evaluate the investment in large-scale liquid air energy storage (LAES). Their work builds on previous research, in which they presented a LAES system that stores electricity ...

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