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Author Montane, M.; Caceres, G.; Villena, M.; O'Ryan, R.
Title Techno-Economic Forecasts of Lithium Nitrates for Thermal Storage Systems Type
Year 2017 Publication Sustainability Abbreviated Journal Sustainability
Volume 9 Issue 5 Pages 15 pp
Keywords CSP; lithium based nitrates; thermal energy storage; lithium market
Abstract Thermal energy storage systems (TES) are a key component of concentrated solar power (CSP) plants that generally use a NaNO3/KNO3 mixture also known as solar salt as a thermal storage material. Improvements in TES materials are important to lower CSP costs, increase energy efficiency and competitiveness with other technologies. A novel alternative examined in this paper is the use of salt mixtures with lithium nitrate that help to reduce the salt's melting point and improve thermal capacity. This in turn allows the volume of materials required to be reduced. Based on data for commercial plants and the expected evolution of the lithium market, the technical and economic prospects for this alternative are evaluated considering recent developments of Lithium Nitrates and the uncertain future prices of lithium. Through a levelized cost of energy (LCOE) analysis it is concluded that some of the mixtures could allow a reduction in the costs of CSP plants, improving their competitiveness.
Address [Montane, Macarena; Caceres, Gustavo; O'Ryan, Raul] Univ Adolfo Ibanez, Fac Ingn & Ciencias, Ave Diagonal Las Torres 2640, Santiago 7941169, Chile, Email: macarena.montane@p2030.uai.cl;
Corporate Author Thesis
Publisher Mdpi Ag Place of Publication Editor
Language English Summary Language Original Title
Series Editor Series Title Abbreviated Series Title
Series Volume Series Issue Edition
ISSN 2071-1050 ISBN Medium (up)
Area Expedition Conference
Notes WOS:000404127800135 Approved
Call Number UAI @ eduardo.moreno @ Serial 742
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