Abstract
Renewable forms of electricity generation like solar and wind require low-cost energy storage solutions to meet climate change deployment goals. Here, we explore the use of depleted hydraulically fractured (“fracked”) oil and gas wells to store electrical energy in the form of compressed natural gas to be released to spin an expander/generator when electrical demand is high. Our reservoir model indicates that the same dual-porosity geological environment of fracked wells used to liberate hydrocarbons is also suitable for storing and releasing gas in a diurnal or seasonal cycle. Round-trip storage efficiency is calculated to be 40%–70% depending on the natural reservoir temperature. Levelized cost of storage is estimated to be $70–270/MWh, on par with pumped hydro storage. This study indicates that repurposed “fracked” wells could provide a much-needed low-cost seasonal energy storage solution at the TWh scale.
Original language | American English |
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Article number | Article No. 103459 |
Number of pages | 27 |
Journal | iScience |
Volume | 24 |
Issue number | 12 |
DOIs | |
State | Published - 17 Dec 2021 |
Bibliographical note
Publisher Copyright:© 2021 The Author(s)
NREL Publication Number
- NREL/JA-5900-81050
Keywords
- carbon-free storage cycle
- compressed natural gas
- energy storage
- hydraulically fractured
- oil and gas wells
- REFRAES
- repurposed fracked wells for energy storage
- storage efficiency