Compressed-air energy storageCompressed-air energy storage (CAES) is a way to store energy for later use using compressed air. At a utility scale, energy generated during periods of low demand can be released during peak load periods. The first utility-scale CAES project has been built in Huntorf, Germany, and is still operational. The Huntorf plant was initially developed as a load balancer for fossil fuel-generated electricity, the global shift towards renewable energy renewed interest in CAES systems, to help highly intermittent energy sources like photovoltaics and wind satisfy fluctuating electricity demands.
Ground-coupled heat exchangerA ground-coupled heat exchanger is an underground heat exchanger that can capture heat from and/or dissipate heat to the ground. They use the Earth's near constant subterranean temperature to warm or cool air or other fluids for residential, agricultural or industrial uses. If building air is blown through the heat exchanger for heat recovery ventilation, they are called earth tubes (or Canadian well, Provençal well, Solar chimney, also termed earth cooling tubes, earth warming tubes, earth-air heat exchangers (EAHE or EAHX), air-to-soil heat exchanger, earth channels, earth canals, earth-air tunnel systems, ground tube heat exchanger, hypocausts, subsoil heat exchangers, thermal labyrinths, underground air pipes, and others).
Combined cycle power plantA combined cycle power plant is an assembly of heat engines that work in tandem from the same source of heat, converting it into mechanical energy. On land, when used to make electricity the most common type is called a combined cycle gas turbine (CCGT) plant. The same principle is also used for marine propulsion, where it is called a combined gas and steam (COGAS) plant. Combining two or more thermodynamic cycles improves overall efficiency, which reduces fuel costs.
Energy storageEnergy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an accumulator or battery. Energy comes in multiple forms including radiation, chemical, gravitational potential, electrical potential, electricity, elevated temperature, latent heat and kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms.
Compressed-air vehicleA compressed-air vehicle (CAV) is a transport mechanism fueled by tanks of pressurized atmospheric gas and propelled by the release and expansion of the gas within a pneumatic motor. CAV's have found application in torpedoes, locomotives used in situations where standard locomotives are a hazard, and early prototype submarines.
Compressed airCompressed air is air kept under a pressure that is greater than atmospheric pressure. Compressed air is an important medium for transfer of energy in industrial processes, and is used for power tools such as air hammers, drills, wrenches, and others, as well as to atomize paint, to operate air cylinders for automation, and can also be used to propel vehicles. Brakes applied by compressed air made large railway trains safer and more efficient to operate. Compressed air brakes are also found on large highway vehicles.
Total costIn economics, total cost (TC) is the minimum dollar cost of producing some quantity of output. This is the total economic cost of production and is made up of variable cost, which varies according to the quantity of a good produced and includes inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced and includes inputs that cannot be varied in the short term such as buildings and machinery, including possibly sunk costs.
Multi-objective optimizationMulti-objective optimization or Pareto optimization (also known as multi-objective programming, vector optimization, multicriteria optimization, or multiattribute optimization) is an area of multiple-criteria decision making that is concerned with mathematical optimization problems involving more than one objective function to be optimized simultaneously. Multi-objective is a type of vector optimization that has been applied in many fields of science, including engineering, economics and logistics where optimal decisions need to be taken in the presence of trade-offs between two or more conflicting objectives.
Absorption refrigeratorAn absorption refrigerator is a refrigerator that uses a heat source (e.g., solar energy, a fossil-fueled flame, waste heat from factories, or district heating systems) to provide the energy needed to drive the cooling process. The system uses two coolants, the first of which performs evaporative cooling and is then absorbed into the second coolant; heat is needed to reset the two coolants to their initial states. The principle can also be used to air-condition buildings using the waste heat from a gas turbine or water heater.
Grid energy storageGrid energy storage (also called large-scale energy storage) is a collection of methods used for energy storage on a large scale within an electrical power grid. Electrical energy is stored during times when electricity is plentiful and inexpensive (especially from intermittent power sources such as renewable electricity from wind power, tidal power and solar power) or when demand is low, and later returned to the grid when demand is high, and electricity prices tend to be higher.
