Thermo-economic analysis of a pumped thermal energy storage combining cooling, heating and power system coupled with photovoltaic thermal collector: Exploration of low-grade thermal energy storage

As renewable energy penetration grows, traditional power systems face significant challenges due to their intermittency and volatility. Pumped thermal energy storage (PTES) is a potential energy storage technology that has a low specific cost and geographical restriction. In this paper, a PTES system which is coupled with solar photovoltaic thermal (PVT) collectors is proposed to satisfy the demand for cooling, heating and electricity supply, and achieve energy cascade utilization. An ejector refrigeration cycle and the turbine extraction heating are accompanied with a PTES system. Thermodynamic analysis of the system is performed by evaluating the influence of key parameters on system performances for 1 MW power output. The economic analysis adopted levelized cost of energy storage (LCOS), which mainly includes investment costs, operation and maintenance costs and system depreciation. The results show that the maximum amplification of roundtrip efficiency with PVT is 12.04 % compared to the system without PVT. Moreover, the maximum average power generation benefit of PVT is 4.85 %. The increase in cold energy storage tank temperature can effectively improve the roundtrip efficiency of the system. The lower cold energy storage tank temperature and higher hot energy storage tank temperature have a negative impact on system thermal efficiency (ηthermal) but benefits for LCOS. Multi-objective optimization is carried out to obtain the optimal design performance that ηthermaland LCOSare 51.06 % and 0.533$/kWh respectively.