The continuous escalation of intermittent energy added to the grid and forecasts of peaking power demand increments are rising the effort spent for evaluating the economic feasibility of energy storages. The aim of this research is the techno-economic analysis of Compressed Air Energy Storage (CAES) systems, capable of storing large quantities of off-peak electric energy in the form of high-pressure air, as an ―energy stock‖ which allows the production of high-profit on-peak electricity when required by the grid. Several studies of both conventional and innovative adiabatic concepts are carried out in order to identify and improve the parameters that mostly affect the plant performances. Technical models, that consider the effect of time, are developed to evaluate the parameters that reduce the electric energy spent for compressing the air and that maximize the electric energy produced. In the conventional plant, particular attention is put on the understanding of the effects of air storage pressure range, recuperator, reheating and Turbine Inlet Temperature. For the adiabatic instead, a thorough analysis of the challenging Thermal Energy Storage (TES) is performed for understanding the advantages and drawbacks of this novel efficient concept of CAES. In a further step the economic analyses are aimed at evaluating the different configurations proposed in the technical investigation and the effects that variations of generation train and storage characteristics have on the profitability. After an analysis of the TES impact on the profits, a final comparison is carried out against two existing technologies: Pumped Hydro Energy Storage and gas turbine. The results of these studies confirm, from a technical and economic point of view, the reasons of the growing interest toward CAES as a feasible solution to manage the intermittent energy production. In particular they underline the conventional CAES as promising technology to undertake.

The global electricity generation industry is very reliant on the use of fossil fuels, particularly natural gas and coal. However, it is quickly becoming a reality that the over-consumption of these resources will continue to lead to significant global damage via global warming, ecosystem destruction, and the depletion of these so-called non-renewable re-sources. To combat this issue, renewable sources such as wind, biofuels and solar are be-coming much more prevalent in the power generation industry, but significant economic, reliability and availability barriers to entry will prevent these sources from being major contributors to the power industry for decades. To this end, this thesis focuses on the design, operation, optimization and life cycle analysis of an integrated solid-oxide fuel (SOFC) cell power plant integrated with com-pressed air energy storage (CAES). This plant, fueled by either natural gas or coal, can make much more efficient use of their limited non-renewable fuel sources, and are capable of achieving nearly 100% carbon capture at the plant boundary. This plant is intended to serve as a more efficient and environmentally responsible alternative to current power generation methods while still exploiting remaining fossil fuels to their fullest extent. This thesis details the design, sizing and simulation of integrated SOFC/CAES plants in Aspen Plus so that full feasibility and techno-economic analyses may be performed, the results of which are then compared to the current state-of-the-art (SOTA) options. In order to compare the plants on an environmental level, full cradle-to-grave life-cycle analyses using the ReCiPe 2008 method are completed for each SOFC-based plant and all comparable SOTA options under a wide range of assumptions and plant configurations, such as the use of carbon capture strategies. Furthermore, detailed reduced-order dynamic models of the integrated SOFC/CAES plants are developed and simulated with a newly developed rolling-horizon optimization method to assess the load-following capabilities of the integrated plant. Real scaled demand data for the market of Ontario, Canada for the years 2013 and 2014 are used as the demand data for the simulations. This thesis takes strides in proving the feasibility of an integrated SOFC/CAES power plant for providing clean, efficient, reliable and cost-effective power using fossil fuels. The next steps for this project involve the development of a lab-scale pilot plant, which would be used to validate simulation results and provide an opportunity for the real-time application and assessment of the potential of this plant design. / Thesis / Doctor of Philosophy (PhD)