Tbilisi Liquid Air Energy Storage Project

3 FAQs about [Tbilisi Liquid Air Energy Storage Project]

Are liquid air energy storage systems economically viable?

“Liquid air energy storage” (LAES) systems have been built, so the technology is technically feasible. Moreover, LAES systems are totally clean and can be sited nearly anywhere, storing vast amounts of electricity for days or longer and delivering it when it’s needed. But there haven’t been conclusive studies of its economic viability.

How much does liquid air storage cost?

In simple terms, the LCOS is the cost of storing each unit of energy over the lifetime of a project, not accounting for any income that results. On that measure, the LAES technology excels. The researchers’ model yielded an LCOS for liquid air storage of about $60 per megawatt-hour, regardless of the decarbonization scenario.

Could liquid air energy storage be a low-cost option?

New research finds liquid air energy storage could be the lowest-cost option for ensuring a continuous power supply on a future grid dominated by carbon-free but intermittent sources of electricity.

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