Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint

Guangdong Zhu; Dayo Akindipe; Joshua McTigue; Erik Witter; Trevor Atkinson; Travis McLing; Ram Kumar; Pat Dobson; Mike Umbro; Jim Lederhos; Derek Adams

Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint

Guangdong Zhu, Dayo Akindipe, Joshua McTigue, Erik Witter, Trevor Atkinson, Travis McLing, Ram Kumar, Pat Dobson, Mike Umbro, Jim Lederhos, Derek Adams

Center for Energy Conversion and Storage Systems

Research output: Contribution to conference › Paper

Abstract

Depleted oil/gas reservoirs represent a waste of underground resources and investments of drilling, and also a potential risk to the earth's environment. Geologic thermal energy storage (GeoTES) is proposed as a solution to convert depleted oil/gas reservoirs into long-term seasonal energy storage. GeoTES can be hybridized with other techniques for viable commercial deployment, such as 1) concentrating solar power (CSP) collectors and 2) heat pumps with excess renewable energy. Here, a technology overview is given on the two GeoTES technologies, which includes system overview, techno-economic models, and case study. Both GeoTES technologies show great potential in the economics of individual project deployment and applicability across the US.

Original language	American English
Number of pages	12
State	Published - 2023
Event	SPE Energy Transition Symposium - Houston, Texas Duration: 22 Aug 2023 → 23 Aug 2023

Conference

Conference	SPE Energy Transition Symposium
City	Houston, Texas
Period	22/08/23 → 23/08/23

Bibliographical note

See NREL/CP-5700-87694 for paper as published in proceedings

NREL Publication Number

NREL/CP-5700-86609

Keywords

concentrating solar power
CSP
heat pumps
oil and gas
thermal energy storage

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://www.nrel.gov/docs/fy23osti/86609.pdf

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Zhu, G., Akindipe, D., McTigue, J., Witter, E., Atkinson, T., McLing, T., Kumar, R., Dobson, P., Umbro, M., Lederhos, J., & Adams, D. (2023). Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint. Paper presented at SPE Energy Transition Symposium, Houston, Texas. https://www.nrel.gov/docs/fy23osti/86609.pdf

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title = "Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint",

abstract = "Depleted oil/gas reservoirs represent a waste of underground resources and investments of drilling, and also a potential risk to the earth's environment. Geologic thermal energy storage (GeoTES) is proposed as a solution to convert depleted oil/gas reservoirs into long-term seasonal energy storage. GeoTES can be hybridized with other techniques for viable commercial deployment, such as 1) concentrating solar power (CSP) collectors and 2) heat pumps with excess renewable energy. Here, a technology overview is given on the two GeoTES technologies, which includes system overview, techno-economic models, and case study. Both GeoTES technologies show great potential in the economics of individual project deployment and applicability across the US.",

keywords = "concentrating solar power, CSP, heat pumps, oil and gas, thermal energy storage",

author = "Guangdong Zhu and Dayo Akindipe and Joshua McTigue and Erik Witter and Trevor Atkinson and Travis McLing and Ram Kumar and Pat Dobson and Mike Umbro and Jim Lederhos and Derek Adams",

note = "See NREL/CP-5700-87694 for paper as published in proceedings; SPE Energy Transition Symposium ; Conference date: 22-08-2023 Through 23-08-2023",

year = "2023",

language = "American English",

}

Zhu, G , Akindipe, D , McTigue, J , Witter, E, Atkinson, T, McLing, T, Kumar, R, Dobson, P, Umbro, M, Lederhos, J & Adams, D 2023, 'Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint', Paper presented at SPE Energy Transition Symposium, Houston, Texas, 22/08/23 - 23/08/23. <https://www.nrel.gov/docs/fy23osti/86609.pdf>

Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint. / Zhu, Guangdong ; Akindipe, Dayo ; McTigue, Joshua et al.
2023. Paper presented at SPE Energy Transition Symposium, Houston, Texas.

Research output: Contribution to conference › Paper

TY - CONF

T1 - Techno-Economic Analysis and Market Potential of Geological Thermal Energy Storage (GeoTES) Charged With Solar Thermal and Heat Pumps into Depleted Oil/Gas Reservoirs and Shallow Reservoirs: A Technology Overview: Preprint

AU - Zhu, Guangdong

AU - Akindipe, Dayo

AU - McTigue, Joshua

AU - Witter, Erik

AU - Atkinson, Trevor

AU - McLing, Travis

AU - Kumar, Ram

AU - Dobson, Pat

AU - Umbro, Mike

AU - Lederhos, Jim

AU - Adams, Derek

N1 - See NREL/CP-5700-87694 for paper as published in proceedings

PY - 2023

Y1 - 2023

N2 - Depleted oil/gas reservoirs represent a waste of underground resources and investments of drilling, and also a potential risk to the earth's environment. Geologic thermal energy storage (GeoTES) is proposed as a solution to convert depleted oil/gas reservoirs into long-term seasonal energy storage. GeoTES can be hybridized with other techniques for viable commercial deployment, such as 1) concentrating solar power (CSP) collectors and 2) heat pumps with excess renewable energy. Here, a technology overview is given on the two GeoTES technologies, which includes system overview, techno-economic models, and case study. Both GeoTES technologies show great potential in the economics of individual project deployment and applicability across the US.

AB - Depleted oil/gas reservoirs represent a waste of underground resources and investments of drilling, and also a potential risk to the earth's environment. Geologic thermal energy storage (GeoTES) is proposed as a solution to convert depleted oil/gas reservoirs into long-term seasonal energy storage. GeoTES can be hybridized with other techniques for viable commercial deployment, such as 1) concentrating solar power (CSP) collectors and 2) heat pumps with excess renewable energy. Here, a technology overview is given on the two GeoTES technologies, which includes system overview, techno-economic models, and case study. Both GeoTES technologies show great potential in the economics of individual project deployment and applicability across the US.

KW - concentrating solar power

KW - CSP

KW - heat pumps

KW - oil and gas

KW - thermal energy storage

M3 - Paper

T2 - SPE Energy Transition Symposium

Y2 - 22 August 2023 through 23 August 2023

ER -