Economic analysis of heat storage in energy systems

What is it about?

Thermal energy storage (TES) enables more efficient use of conventional energy conversion plants and enhances the exploitation of renewable energy sources. Storage primarily promotes the replacement of heating oil with less expensive fuels, for instance biomass, coal or industrial waste heat. In this paper, some applications of heat storage for large-scale and centralized residential heating systems are presented. Analysis methods to estimate the economy of storage in these energy-systems are also derived

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