GREEN POWER
Cost-effective energy storage is key to transitioning to a low-carbon society. Energy can be stored in the form of heat or electricity. A popular storage method for high-temperature thermal applications is a molten salt tank. Fact sheets created by the German Energy Storage Association, or BVES for short, show that molten salt tanks are around 33 times less expensive than electric batteries when it comes to storing a kilowatt-hour in them. Molten salt is currently the most common method to store heat in large CSP plants and provide a constant on-demand supply of solar power without the need for fossil fuel backup systems. Companies such as German-based Frenell, formerly Novatec, offer a turnkey solution combining a solar field and a proprietary direct molten salt technology. This solution can be used, for example, in seawater desalination and enhanced oil recovery. “We have made improvements to our systems, which uses molten salt directly as the heat transfer fluid,” Max Mertins, CTO of Frenell, said. “They allow for a large temperature difference, around 280 K, and lead to heat storage costs ranging from 15 to 25 EUR/kWhth.”
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