Multi-mode operation of a Liquid Air Energy Storage (LAES) plant providing energy arbitrage and reserve services – Analysis of optimal scheduling and sizing through MILP modelling with integrated thermodynamic performance
Andrea Vecchi, James Naughton, Yongliang Li, Pierluigi Mancarella, Adriano Sciacovelli
Topics & Concepts
Energy storageScheduling (production processes)ArbitrageSizingProfitability indexLiquid airComputer scienceProcess engineeringEngineeringEconomicsChemistryOperations managementPower (physics)PhysicsQuantum mechanicsFinancial economicsOrganic chemistryFinanceMicrogrid Control and OptimizationThermodynamic and Exergetic Analyses of Power and Cooling SystemsSolar Thermal and Photovoltaic Systems