WO2014033206A1 - Method and system for energy storing and short-term power generation - Google Patents

Method and system for energy storing and short-term power generation Download PDF

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Publication number
WO2014033206A1
WO2014033206A1 PCT/EP2013/067884 EP2013067884W WO2014033206A1 WO 2014033206 A1 WO2014033206 A1 WO 2014033206A1 EP 2013067884 W EP2013067884 W EP 2013067884W WO 2014033206 A1 WO2014033206 A1 WO 2014033206A1
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WO
WIPO (PCT)
Prior art keywords
liquid
temperature
underground reservoir
short
power generation
Prior art date
Application number
PCT/EP2013/067884
Other languages
French (fr)
Inventor
Risto Sormunen
Markku Raiko
Original Assignee
Fortum Oyj
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Publication date
Application filed by Fortum Oyj filed Critical Fortum Oyj
Priority to CN201380045356.0A priority Critical patent/CN104603403B/en
Publication of WO2014033206A1 publication Critical patent/WO2014033206A1/en

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Classifications

    • FMECHANICAL ENGINEERING; LIGHTING; HEATING; WEAPONS; BLASTING
    • F01MACHINES OR ENGINES IN GENERAL; ENGINE PLANTS IN GENERAL; STEAM ENGINES
    • F01KSTEAM ENGINE PLANTS; STEAM ACCUMULATORS; ENGINE PLANTS NOT OTHERWISE PROVIDED FOR; ENGINES USING SPECIAL WORKING FLUIDS OR CYCLES
    • F01K25/00Plants or engines characterised by use of special working fluids, not otherwise provided for; Plants operating in closed cycles and not otherwise provided for
    • F01K25/08Plants or engines characterised by use of special working fluids, not otherwise provided for; Plants operating in closed cycles and not otherwise provided for using special vapours
    • F01K25/10Plants or engines characterised by use of special working fluids, not otherwise provided for; Plants operating in closed cycles and not otherwise provided for using special vapours the vapours being cold, e.g. ammonia, carbon dioxide, ether
    • F01K25/103Carbon dioxide

Definitions

  • the present invention relates to a method and a system for energy storing and short-term power generation.
  • Quick short-term high capacity power generation is usually needed for back-up or peak load power supply .
  • the eager target of the European Renewa ⁇ ble Directive is that by 2020 20% of energy is pro ⁇ substituted from renewable sources. This means renewable power capacity of about 220 GW. About 80% of this ca ⁇ pacity is estimated to be coming from variable and less predictable sources, such as onshore and offshore wind power or solar systems. In longer term this trend is expected to continue. This means that the total en- ergy generation will be highly variable, leading to increased price volatility of electricity. The system will be strongly dependent on weather conditions, particularly in the Central and Northern Europe, where cloudy and windless weather conditions often dominate during winter. Without proper energy storages this will lead to a situation where the European electrici ⁇ ty system needs substantially more than 100 GW quick short-term and longer-term back-up power available all the time.
  • Old coal-fired power plants can be taken in- to service after certain period of time, in practice within several hours.
  • quick-term back-up power has to be ready for use from hydroelectric power, which is not always available, or peaking reserve pow ⁇ er, such as gas turbines or diesel engines.
  • peaking reserve pow ⁇ er such as gas turbines or diesel engines.
  • CCS Carbon Capture and Storage
  • the transportation network has to col- lect liquid C0 2 from various sources to an intermedi ⁇ ate storage before shipping.
  • the intermediate storage must be of quite a large volume, whereby in most cases steel tanks and other on-the-ground solutions tend to become highly expensive.
  • One of the best alternatives is then to base the storage in the bedrock at a depth where hy ⁇ drostatic pressure will minimize the energy needed for keeping the storage conditions at a suitable pressure and temperature.
  • US 2012/0001429 Al discloses a carbon diox ⁇ ide-based geothermal energy generation system compris ⁇ ing a reservoir located below a caprock, one or more injection wells for feeding cold C0 2 into the reservoir, and one or more production wells for discharging heated C0 2 from the reservoir.
  • An energy converting apparatus is connected to each injection well and to each production well so that thermal energy contained in the heated C0 2 can be converted to electricity, heat, or combinations thereof.
  • Compressed C0 2 at a pressure of 30 - 70 bar and a temperature below 30°C is injected to the underground reservoir, and heated C0 2 with a temperature greater than 30°C is drawn off the reservoir.
  • the system is quite complicated and high pressure is needed in the underground reservoir. The system cannot be considered feasible for peak load op ⁇ eration because of its high nominal investment cost. Also the operational risks are high because of high medium pressure and uncontrolled evaporation of C0 2 in the underground reservoir.
  • EP 277777 A2 discloses a system for storing electrical energy in the form of triple-point C0 2 and then using such stored energy plus heat to generate electrical power.
  • a reservoir for liquid C0 2 at about the triple point is created in an insulated vessel.
  • Liquid C0 2 is withdrawn and pumped to a high pressure, which high pressure C0 2 is then heated and expanded to create rotary power which generates electrical power.
  • the discharge stream from the expander is cooled and returned to the vessel where C0 2 vapor is condensed by melting solid C0 2 .
  • a fuel-fired gas turbine connected to an electrical power generator is used to heat the high pressure C0 2 .
  • the size of an overground C0 2 reser ⁇ voir is limited. The investment cost is high. Certain operational risks prevail when acting with a triple point medium.
  • US 4995234 discloses a method for generating power from liquefied natural gas (LNG) and storing en ⁇ ergy.
  • LNG liquefied natural gas
  • Cold LNG is pressurized, vaporized by removing heat from C0 2 at about triple point temperature, fur ⁇ ther heated, and finally expanded to create rotary power.
  • a reservoir of C0 2 at about its triple point is created in an insulated vessel to store energy in the form of refrigeration recovered from the evaporated LNG.
  • liquid C0 2 is withdrawn from the reservoir, pumped to a high pressure, vaporized, further heated, and expanded to create rotary power which generates additional elec ⁇ trical power.
  • C0 2 vapor is withdrawn from the reservoir and condensed to liquid by vaporizing LNG.
  • the size of an overground C0 2 res ⁇ ervoir is limited.
  • a fuel-fired gas turbine is needed in the system.
  • the investment cost is high. Certain operational risks prevail when acting with a triple point medium.
  • the object of the present invention is to eliminate the problems of the prior art and to provide an improved method and system for energy storing and short-term power generation.
  • Another object is to improve the feasibility of carbon capture and storage (CCS) solutions.
  • CCS carbon capture and storage
  • a further object is to create a system that enables the use of low value heat sources and reduces the use of fossil fuels.
  • the invention employs an intermediate storage of a CCS system as storage for working fluid used in short-term power generation system that uses C0 2 based Rankine cycle and heat pump in turns .
  • the invention provides a method for energy storing and short-term power generation, comprising the steps of:
  • the first temperature i.e., the temperature of fresh C0 2 supplied to the underground reservoir
  • the sec ⁇ ond temperature i.e. the temperature of C0 2 returning from the Rankine cycle
  • the sec ⁇ ond temperature can be -15°C ... -25°C, prefera ⁇ bly about -20°C.
  • the underground reservoir is located in the bedrock at a depth of 200 - 300 m.
  • the volume of the underground reservoir is preferably over 50 000 m 3 , for instance in the range of 50 000 150 000 m 3 .
  • underground reservoir refers to geological formations beneath the surface of the earth, irrespective of whether they are underground or undersea.
  • the pressurized liquid C0 2 can be evaporated with the help of sea water, atmospheric air, industri ⁇ al waste heat, etc.
  • the invention also provides a system for energy storing and short-term power generation, comprising :
  • an underground reservoir arranged to con- tinually receive liquid C0 2 at a first temperature from one or more C0 2 capture sites and to continually discharge liquid C0 2 for shipping to a final offshore storage, the underground reservoir being maintained at a pressure of 8 - 10 bar;
  • a pump for withdrawing liquid C0 2 from the underground reservoir and for pressurizing the liquid C0 2 to a pressure of about 40 - 50 bar;
  • an expander turbine for expanding the evaporated C0 2 to a pressure of 8 - 10 bar, thereby pro ⁇ ducing rotary power, and a generator connected to the turbine for generating electrical power from the rota ⁇ ry power;
  • the system can also comprise means for re ⁇ leasing expanded C0 2 to the atmosphere when extreme short-term power generation is needed.
  • the invention improves the overall economy of Carbon Capture and Storage solutions.
  • CCS is just an expense for power generation systems, which delays the implementation of CCS throughout Europe.
  • the capacity of the new system is estimated to be about 200 MW during 4 hours.
  • the capac- ity of the system is estimated to be up to 300 MW dur ⁇ ing 4 hours.
  • the total storage efficiency is in both cases 70 - 80%, or even more.
  • the additional cost of the proposed C0 2 based Rankine cycle and heat pump system comprises the cost of additional components, such as an evaporator, an expander turbine and a condenser. These costs are mi ⁇ nor compared to the costs of many other back-up power devices, such as gas turbines or diesel generators. Furthermore, the relative size of the components of the new system is definitely smaller than the size of components in hydroelectric systems, or even gas tur ⁇ bines.
  • the use of carbon dioxide as the working fluid in a Rankine cycle enables the use of low temperature solutions, which leads into smaller component sizes.
  • Fig. 1 is a diagrammatic illustration of a short-term power generation system according to the invention .
  • FIG. 1 schematically illustrates a system according to the invention.
  • a short-term high capacity power generation cycle employing Rankine cycle comprises an underground reservoir 10 for storage of liq- uid C0 2 , a pump 11 for pressurizing liquid C0 2 with ⁇ drawn from the underground reservoir 10, an evaporator 12 for evaporating the pressurized C0 2 , an expander turbine 13 for expanding the evaporated C0 2 , a genera ⁇ tor 14 for converting rotary power to electricity, and a condenser 15 for condensing the expanded C0 2 before it is returned back to the underground reservoir 10.
  • Intermediate storage of liquid C0 2 in a CCS system is usually carried out in geological for ⁇ mations, which are located in a bedrock underground or undersea. Such an underground reservoir is arranged to continuously or repeatedly receive liquefied C0 2 from C0 2 capture sites. At the same time, liquid C0 2 is con ⁇ tinuously or repeatedly discharged from the intermedi ⁇ ate storage to a final storage, which may be offshore or onshore.
  • the intermediate storage is intended for short-term storing only and the content of the storage is changing continually.
  • the underground reservoir 10 is located in the bedrock 25 at a depth of 200 - 300 m, and the vol ⁇ ume of the underground reservoir 10 is preferably in the range of 50 000 - 150 000 m 3 .
  • Liquefied C0 2 is con ⁇ tinually supplied from one or more industrial sources to the underground reservoir 10 via an inlet pipe 16.
  • the temperature of C0 2 supplied via the inlet pipe 16 is about -50°C.
  • Liquid C0 2 is maintained in the inter- mediate storage 10 under a pressure of about 8 - 10 bar. Liquid C0 2 is continually discharged from the in ⁇ termediate storage 10 via an outlet pipe 17 to be transported to a final storage (not shown) .
  • the evaporator 12 is connected to the under- ground reservoir 10 via a pipeline 18 and a pump 11 arranged in the pipeline 18.
  • liquid C0 2 is withdrawn from the intermediate storage 10 and compressed with the pump 11 to a pressure of about 40 - 50 bar.
  • Pressurized C0 2 is passed to the evaporator 12, which vaporizes the pressurized C0 2 with the help of heat from a suitable low value heat source.
  • This heat source may comprise, for instance, sea water at a temperature of 5°C - 15°C, waste heat from a district heating system at a temperature of up to 90°C, or atmospheric air.
  • Other possi ⁇ ble low value heat sources comprise e.g. water from a river or a lake, geothermal heat, ambient air, and waste heat of an industrial plant or power generation.
  • the pressurized C0 2 is typically evaporated at a temperature between +5°C and +20°C. From the evap ⁇ orator 12 the vaporized C0 2 is fed to the expander turbine 13, where the vaporized C0 2 expands to a pres ⁇ sure of about 8 - 10 bar, thereby creating rotary pow ⁇ er which is transferred to the generator 14 that con ⁇ verts mechanical energy to electrical power.
  • the expanded C0 2 is transferred via a pipeline 19 to the condenser 15, where the expanded C0 2 is condensed with the help of liquid C0 2 pumped from the underground reservoir 10 via a pipeline 20. Condensed C0 2 is then returned back to the underground reservoir 10 via a pipeline 21.
  • the temperature of the intermediate storage 10 can gradually rise from about -50°C to about -20°C during a short-term power generation period.
  • the underground reservoir 10 may be "recharged” by chilling the liquid C0 2 back to a temperature of about -50°C. This can be done by cir ⁇ culating liquid C0 2 through a pipeline 24 and a heat pump 23 to cool the liquid C0 2 until the temperature in the underground reservoir 10 has reached the de ⁇ sired level.
  • the system also comprises an option to excep ⁇ tionally release a part of the expanded C0 2 to the at- mosphere via a pipeline 22 to increase the power gen ⁇ eration capacity of the system.

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  • Engineering & Computer Science (AREA)
  • Chemical & Material Sciences (AREA)
  • Chemical Kinetics & Catalysis (AREA)
  • Combustion & Propulsion (AREA)
  • Mechanical Engineering (AREA)
  • General Engineering & Computer Science (AREA)
  • Engine Equipment That Uses Special Cycles (AREA)

Abstract

In a method for energy storing and short-term power generation,an intermediate storage of a CCS system is used to store the working fluid of a CO2 based Rankine process. Liquid CO2 is stored in an underground reservoir (10) arranged to continually receive liquid CO2 at a first temperature from one or more CO2 capture sites and to discharge liquid CO2 to be transported to a final storage. The underground reservoir (10) is kept at a pressure of 8 -10 bar. When short-term power generation is needed, liquid CO2 is withdrawn from the underground reservoir (10), pressurized to about 40-50 bar, evaporated with the help of a low value heat source, and expanded in an expander turbine (13), which is connected to a generator (14). The expanded CO2 is then condensed and returned to the underground reservoir (10) at a second temperature which is higher than the first temperature. When short-term power generation is no more needed, liquid CO2 from the underground reservoir (10) is circulated through a heat pump (23) to cool the CO2 until its temperature reaches the first temperature.

Description

METHOD AND SYSTEM FOR ENERGY STORING AND SHORT-TERM POWER GENERATION
FIELD OF THE INVENTION
The present invention relates to a method and a system for energy storing and short-term power generation. Quick short-term high capacity power generation is usually needed for back-up or peak load power supply .
BACKGROUND OF THE INVENTION
The ambitious target of the European Renewa¬ ble Directive is that by 2020 20% of energy is pro¬ duced from renewable sources. This means renewable power capacity of about 220 GW. About 80% of this ca¬ pacity is estimated to be coming from variable and less predictable sources, such as onshore and offshore wind power or solar systems. In longer term this trend is expected to continue. This means that the total en- ergy generation will be highly variable, leading to increased price volatility of electricity. The system will be strongly dependent on weather conditions, particularly in the Central and Northern Europe, where cloudy and windless weather conditions often dominate during winter. Without proper energy storages this will lead to a situation where the European electrici¬ ty system needs substantially more than 100 GW quick short-term and longer-term back-up power available all the time. Old coal-fired power plants can be taken in- to service after certain period of time, in practice within several hours. Thus, quick-term back-up power has to be ready for use from hydroelectric power, which is not always available, or peaking reserve pow¬ er, such as gas turbines or diesel engines. Anyway, huge investments for back-up capacity are expected. Obviously, there is an increasing need for more cost efficient solutions in the energy market.
At the same time it seems now to be evident that to prevent or at least delay global warming and other problems due to the still growing worldwide C02 emissions Carbon Capture and Storage (CCS) solutions have to be implemented extensively. The future of CCS storages at onshore sites seems to be out of the ques¬ tion especially in Europe because of the public re- sistance. Thus, offshore storages will finally be the only probable solution for CCS, leading to shipping- based transportation of liquefied C02. Intermediate storages of C02 must then be founded near such harbors where to liquid C02 can be pumped via pipeline network from the C02 capture sites - power plants and indus¬ trial plants - before shipping to the final offshore storages .
To be as cost efficient as possible in a to¬ tal CCS system, the transportation network has to col- lect liquid C02 from various sources to an intermedi¬ ate storage before shipping. According to several studies, the intermediate storage must be of quite a large volume, whereby in most cases steel tanks and other on-the-ground solutions tend to become highly expensive. One of the best alternatives is then to base the storage in the bedrock at a depth where hy¬ drostatic pressure will minimize the energy needed for keeping the storage conditions at a suitable pressure and temperature.
US 2012/0001429 Al discloses a carbon diox¬ ide-based geothermal energy generation system compris¬ ing a reservoir located below a caprock, one or more injection wells for feeding cold C02 into the reservoir, and one or more production wells for discharging heated C02 from the reservoir. An energy converting apparatus is connected to each injection well and to each production well so that thermal energy contained in the heated C02 can be converted to electricity, heat, or combinations thereof. Compressed C02 at a pressure of 30 - 70 bar and a temperature below 30°C is injected to the underground reservoir, and heated C02 with a temperature greater than 30°C is drawn off the reservoir. The system is quite complicated and high pressure is needed in the underground reservoir. The system cannot be considered feasible for peak load op¬ eration because of its high nominal investment cost. Also the operational risks are high because of high medium pressure and uncontrolled evaporation of C02 in the underground reservoir.
EP 277777 A2 discloses a system for storing electrical energy in the form of triple-point C02 and then using such stored energy plus heat to generate electrical power. A reservoir for liquid C02 at about the triple point is created in an insulated vessel. Liquid C02 is withdrawn and pumped to a high pressure, which high pressure C02 is then heated and expanded to create rotary power which generates electrical power. The discharge stream from the expander is cooled and returned to the vessel where C02 vapor is condensed by melting solid C02. A fuel-fired gas turbine connected to an electrical power generator is used to heat the high pressure C02. The size of an overground C02 reser¬ voir is limited. The investment cost is high. Certain operational risks prevail when acting with a triple point medium.
US 4995234 discloses a method for generating power from liquefied natural gas (LNG) and storing en¬ ergy. Cold LNG is pressurized, vaporized by removing heat from C02 at about triple point temperature, fur¬ ther heated, and finally expanded to create rotary power. A reservoir of C02 at about its triple point is created in an insulated vessel to store energy in the form of refrigeration recovered from the evaporated LNG. During peak electrical power periods, liquid C02 is withdrawn from the reservoir, pumped to a high pressure, vaporized, further heated, and expanded to create rotary power which generates additional elec¬ trical power. During off-peak periods, C02 vapor is withdrawn from the reservoir and condensed to liquid by vaporizing LNG. The size of an overground C02 res¬ ervoir is limited. A fuel-fired gas turbine is needed in the system. The investment cost is high. Certain operational risks prevail when acting with a triple point medium.
PURPOSE OF THE INVENTION
The object of the present invention is to eliminate the problems of the prior art and to provide an improved method and system for energy storing and short-term power generation.
Another object is to improve the feasibility of carbon capture and storage (CCS) solutions.
A further object is to create a system that enables the use of low value heat sources and reduces the use of fossil fuels.
SUMMARY
The invention employs an intermediate storage of a CCS system as storage for working fluid used in short-term power generation system that uses C02 based Rankine cycle and heat pump in turns .
The invention provides a method for energy storing and short-term power generation, comprising the steps of:
a) storing liquid C02 in an underground res¬ ervoir arranged to continually receive liquid C02 at a first temperature from one or more C02 capture sites and to discharge liquid C02 for shipping to a final offshore storage, the underground reservoir being maintained at a pressure of 8 - 10 bar; b) when short-term power generation is needed, carrying out the following steps:
- withdrawing liquid C02 from the underground reser¬ voir and increasing the pressure of the liquid C02 to about 40 - 50 bar;
- evaporating the pressurized C02 with the help of a low value heat source;
- expanding the evaporated C02 to a pressure of 8 - 10 bar, whereby rotary power is produced which is used for generation of electrical power;
- condensing the expanded C02 and returning the condensed C02 to the underground reservoir at a second temperature which is higher than the first tempera¬ ture ;
c) when short-term power generation is no more needed, circulating liquid C02 of the underground reservoir through a heat pump to cool the liquid C02 until its temperature reaches the first temperature.
The first temperature, i.e., the temperature of fresh C02 supplied to the underground reservoir, can be -45°C ... -55°C, preferably about -50°C. The sec¬ ond temperature, i.e. the temperature of C02 returning from the Rankine cycle, can be -15°C ... -25°C, prefera¬ bly about -20°C.
Advantageously, the underground reservoir is located in the bedrock at a depth of 200 - 300 m. The volume of the underground reservoir is preferably over 50 000 m3, for instance in the range of 50 000 150 000 m3.
The term "underground reservoir" as used herein refers to geological formations beneath the surface of the earth, irrespective of whether they are underground or undersea.
The pressurized liquid C02 can be evaporated with the help of sea water, atmospheric air, industri¬ al waste heat, etc. The invention also provides a system for energy storing and short-term power generation, comprising :
- an underground reservoir arranged to con- tinually receive liquid C02 at a first temperature from one or more C02 capture sites and to continually discharge liquid C02 for shipping to a final offshore storage, the underground reservoir being maintained at a pressure of 8 - 10 bar;
- a pump for withdrawing liquid C02 from the underground reservoir and for pressurizing the liquid C02 to a pressure of about 40 - 50 bar;
- a heat exchanger for evaporating the pressurized C02 with the help of a low value heat source;
- an expander turbine for expanding the evaporated C02 to a pressure of 8 - 10 bar, thereby pro¬ ducing rotary power, and a generator connected to the turbine for generating electrical power from the rota¬ ry power;
- a condenser for condensing the expanded
C02;
- means for feeding the condensed C02 back to the underground reservoir at a temperature which is higher than the temperature of liquid C02 withdrawn from the underground reservoir;
- means for circulating liquid C02 of the un¬ derground reservoir through a heat pump to cool the liquid C02 until its temperature reaches the first temperature .
The system can also comprise means for re¬ leasing expanded C02 to the atmosphere when extreme short-term power generation is needed.
The invention improves the overall economy of Carbon Capture and Storage solutions. Today, CCS is just an expense for power generation systems, which delays the implementation of CCS throughout Europe. For a storage of 50 000 m3, the capacity of the new system is estimated to be about 200 MW during 4 hours. If instead of sea water excess heat from a CHP system can be used for the evaporation, the capac- ity of the system is estimated to be up to 300 MW dur¬ ing 4 hours. The total storage efficiency is in both cases 70 - 80%, or even more.
The additional cost of the proposed C02 based Rankine cycle and heat pump system comprises the cost of additional components, such as an evaporator, an expander turbine and a condenser. These costs are mi¬ nor compared to the costs of many other back-up power devices, such as gas turbines or diesel generators. Furthermore, the relative size of the components of the new system is definitely smaller than the size of components in hydroelectric systems, or even gas tur¬ bines. The use of carbon dioxide as the working fluid in a Rankine cycle enables the use of low temperature solutions, which leads into smaller component sizes.
BRIEF DESCRIPTION OF THE DRAWINGS
The accompanying drawing illustrates an embodiment of the invention and together with the de¬ scription helps to explain the principles of the in- vention.
Fig. 1 is a diagrammatic illustration of a short-term power generation system according to the invention . DETAILED DESCRIPTION OF THE INVENTION
Figure 1 schematically illustrates a system according to the invention. A short-term high capacity power generation cycle employing Rankine cycle comprises an underground reservoir 10 for storage of liq- uid C02, a pump 11 for pressurizing liquid C02 with¬ drawn from the underground reservoir 10, an evaporator 12 for evaporating the pressurized C02, an expander turbine 13 for expanding the evaporated C02, a genera¬ tor 14 for converting rotary power to electricity, and a condenser 15 for condensing the expanded C02 before it is returned back to the underground reservoir 10.
Intermediate storage of liquid C02 in a CCS system is usually carried out in geological for¬ mations, which are located in a bedrock underground or undersea. Such an underground reservoir is arranged to continuously or repeatedly receive liquefied C02 from C02 capture sites. At the same time, liquid C02 is con¬ tinuously or repeatedly discharged from the intermedi¬ ate storage to a final storage, which may be offshore or onshore. The intermediate storage is intended for short-term storing only and the content of the storage is changing continually.
The underground reservoir 10 is located in the bedrock 25 at a depth of 200 - 300 m, and the vol¬ ume of the underground reservoir 10 is preferably in the range of 50 000 - 150 000 m3. Liquefied C02 is con¬ tinually supplied from one or more industrial sources to the underground reservoir 10 via an inlet pipe 16. The temperature of C02 supplied via the inlet pipe 16 is about -50°C. Liquid C02 is maintained in the inter- mediate storage 10 under a pressure of about 8 - 10 bar. Liquid C02 is continually discharged from the in¬ termediate storage 10 via an outlet pipe 17 to be transported to a final storage (not shown) .
The evaporator 12 is connected to the under- ground reservoir 10 via a pipeline 18 and a pump 11 arranged in the pipeline 18. When short-term power generation is needed, liquid C02 is withdrawn from the intermediate storage 10 and compressed with the pump 11 to a pressure of about 40 - 50 bar. Pressurized C02 is passed to the evaporator 12, which vaporizes the pressurized C02 with the help of heat from a suitable low value heat source. This heat source may comprise, for instance, sea water at a temperature of 5°C - 15°C, waste heat from a district heating system at a temperature of up to 90°C, or atmospheric air. Other possi¬ ble low value heat sources comprise e.g. water from a river or a lake, geothermal heat, ambient air, and waste heat of an industrial plant or power generation.
The pressurized C02 is typically evaporated at a temperature between +5°C and +20°C. From the evap¬ orator 12 the vaporized C02 is fed to the expander turbine 13, where the vaporized C02 expands to a pres¬ sure of about 8 - 10 bar, thereby creating rotary pow¬ er which is transferred to the generator 14 that con¬ verts mechanical energy to electrical power.
From the expander turbine 13 the expanded C02 is transferred via a pipeline 19 to the condenser 15, where the expanded C02 is condensed with the help of liquid C02 pumped from the underground reservoir 10 via a pipeline 20. Condensed C02 is then returned back to the underground reservoir 10 via a pipeline 21.
Liquid C02 fed to the underground reservoir
10 via the pipeline 21 has a higher temperature than the liquid C02 leaving the underground reservoir 10 via the pipeline 18. As a consequence, the temperature of the intermediate storage 10 can gradually rise from about -50°C to about -20°C during a short-term power generation period.
At a point of time when back-up or peak load power is no more needed, the underground reservoir 10 may be "recharged" by chilling the liquid C02 back to a temperature of about -50°C. This can be done by cir¬ culating liquid C02 through a pipeline 24 and a heat pump 23 to cool the liquid C02 until the temperature in the underground reservoir 10 has reached the de¬ sired level.
The system also comprises an option to excep¬ tionally release a part of the expanded C02 to the at- mosphere via a pipeline 22 to increase the power gen¬ eration capacity of the system.
It is obvious to a person skilled in the art that with the advancement of technology, the basic idea of the invention may be implemented in various ways. The invention and its embodiments are thus not limited to the examples described above; instead they may vary within the scope of the claims.

Claims

1. A method for energy storing and short-term power generation, comprising the steps of:
a) storing liquid C02 in an underground res- ervoir (10) arranged to continually receive liquid C02 at a first temperature from one or more C02 capture sites and to discharge liquid C02 to be transported to a final storage, the underground reservoir (10) being maintained at a pressure of 8 - 10 bar;
b) when short-term power generation is needed, carrying out the following steps:
- withdrawing liquid C02 from the underground reser¬ voir (10) and increasing the pressure of the liquid C02 to about 40 - 50 bar;
- evaporating the pressurized C02 with the help of a low value heat source;
- expanding the evaporated C02 to a pressure of 8 - 10 bar, whereby rotary power is produced which is used for generation of electrical power;
- condensing the expanded C02 and returning the con¬ densed C02 to the underground reservoir (10) at a sec¬ ond temperature which is higher than the first temper¬ ature ;
c) when short-term power generation is no more needed, circulating liquid C02 from the under¬ ground reservoir (10) through a heat pump (23) to cool the liquid C02 until its temperature reaches the first temperature .
2. A method according to claim 1, wherein the first temperature is -45°C ... -55°C, preferably about -
50°C, and the second temperature is -15°C ... -25°C, preferably about -20°C.
3. A method according to claim 1, wherein the underground reservoir (10) is located in the bedrock (25) at a depth of 200 - 300 m, and the volume of the underground reservoir (10) is over 50 000 m3, for in¬ stance in the range of 50 000 - 150 000 m3.
4. A method according to any one of claims 1 to 3, wherein the pressurized liquid C02 is evaporated with the help of a low value heat source, such as for instance sea water, atmospheric air, industrial waste heat, etc.
5. A system for energy storing and short-term power generation, comprising:
- an underground reservoir (10) arranged to continually receive liquid C02 at a first temperature from one or more C02 capture sites and to continually discharge liquid C02 to be transported to a final storage, the underground reservoir (10) being main¬ tained at a pressure of 8 - 10 bar;
- a pump (11) for withdrawing liquid C02 from the underground reservoir (10) and for pressurizing the liquid C02 to a pressure of 40 - 50 bar;
- a heat exchanger (12) for evaporating the pressurized C02 with the help of a low value heat source ;
- a turbine (13) for expanding the evaporated
C02 to a pressure of 8 - 10 bar, thereby producing ro¬ tary power, and a generator (14) connected to the turbine (13) for generating electrical power from the ro¬ tary power;
- a condenser (15) for condensing the expanded C02;
- means (21) for feeding the condensed C02 back to the underground reservoir (10) at a higher temperature than the temperature of liquid C02 with- drawn from the underground reservoir (10);
- means (24) for circulating liquid C02 withdrawn from the underground reservoir (10) via a heat pump (23) to cool the liquid C02 back to the first temperature during periods when short-term power gen- eration is not needed.
6. A system according to claim 5, wherein the underground reservoir (10) is located in the bedrock (25) at the depth of 200 - 300 m, and the volume of the underground reservoir (10) is over 50 000 m3, for instance in the range of 50 000 - 150 000 m3.
7. A system according to claim 5 or 6, fur- ther comprising means (22) for releasing expanded C02 to the atmosphere when extreme short-term power generation is needed.
8. A system according to any one of claims 5 to 7, wherein the heat exchanger (12) is arranged to utilize low value heat sources, such as sea water, at¬ mospheric air, industrial waste heat, etc.
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