Reservoir Thermal Energy Storage Benchmarking

A benchmarking analysis of RTES research funded by GTO through the Beyond Batteries projects was conducted against the ESGC to see where they fit within the identified ESGC Use Cases. The projects were found to advance knowledge in multiple ESGC use cases, either directly or in some cases, indirectly as enabling technologies. This analysis is helpful to understand where RTES and associated research fits into the larger discussion around energy storage technologies. Also, a retrospective analysis of the Beyond Batteries projects was conducted to evaluate what the projects learned and how the results can be applied to advance the value of RTES. Major results of each of the studies are summarized in Table 2. Additionally, a comparative metrics analysis for RTES was completed to understand where RTES lies within the energy storage industry. Metrics for evaluation of RTES and its comparison to other storage technologies were selected and ranges of their values compiled. The selected metrics – LCOE (levelized cost of energy), capital costs, roundtrip efficiency, energy storage capacity, and storage time – were chosen based on data availability and have a particularly strong influence on the potential deployment of a storage technology. Charts which compare the metrics are presented in section 4.3 and show ranges for each of the 10 selected technologies. However, due to a lack of domestic operational facilities, values for RTES and for portions of the remaining technologies are based on theoretical modeling and studies of best-case scenarios. LCOE estimates for RTES fall within the lower reaches of Figure 15, but nevertheless amount to 2 – 5 times the ESGC Roadmap goal for LCOE, for example in the Facilitating and Evolving Grid Use Case. Capital costs for RTES sit on the higher end (Figure 16) but are expected to decrease as new projects are developed and the technology is refined. The theoretical roundtrip efficiency reported for RTES varies from mid to high percentages (Figure 17) with efficiencies upwards of 93% in modeled scenarios in the Portland Basin (Bershaw et al.,2020). RTES is also expected to have the largest energy storage capacities and longest storage times, likely matched only by lower efficiency hydrogen storage. To better assess the role that RTES could play in energy storage we examined it’s potential in the U.S. The potential depends on many factors. Recently, many researchers have started looking at deep sedimentary basins, depleted oil and gas fields, and basalt formations as potential targets for RTES development. The United States Geological Survey (USGS) has analyzed various cities and shown substantial RTES potential in the cooling sector (Pepin et al., 2021). By modeling RTES in low-quality groundwater (e.g., brackish), it is shown to be favorable across the U.S. with particular suitability in the Illinois Basin, Coastal Plains, and Basin and Range regions. Seasonal RTES operations have also been modeled in the Portland Basin by those at the USGS and Portland State University to simulate an RTES system supplying heating loads needed for the Oregon Health and Science University. Simulations suggest that high conductive heat loss in the initial years exists but tends to decrease with increasing time and development of the resource due to self-insulating nature of the basalts (Burns et al., 2020). Other national laboratory efforts are taking a close look at many of the technical issues involved with RTES (McLing et al., 2019, McLing et al., 2022). These include difficulties in understanding geochemical, hydrogeological, mechanical, and microbiological changes at such elevated temperatures and operational scenarios. Major gaps in research are identified and suggested for future work. With this increased focus to understand how to make RTES successful in the U.S., this technology could be a potential solution to many of the nation’s energy storage problems. For the energy independence of this country, the DOE should prioritize de-risking this technology by making future investments in pilot-scale demonstrations to attract potential investors.