Converting excess low-price electricity into high-temperature stored heat for industry and high-value electricity production |
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Authors: | Charles W. Forsberg Daniel C. Stack Daniel Curtis Geoffrey Haratyk Nestor Andres Sepulveda |
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Affiliation: | Massachussetts Institute of Technology, Cambridge, MA, United States |
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Abstract: | The large-scale deployment of wind or solar energy results in electricity prices below the price of fossil fuels at times of high wind or solar output. Price collapse can be limited by using low-price electricity to heat firebrick to high temperatures, store the heat in firebrick, and provide hot air as needed to industrial furnaces, kilns, power plants and gas turbines. This sets a minimum price on electricity near that of fossil fuels. |
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Keywords: | Corresponding author. |
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