In a global context where the reduction of greenhouse gas emissions and the efficient use of energy resources are a priority, thermal energy storage and conversion emerges as a crucial technology as well as its subsequent conversion.
Focusing on the storage part, we find different technologies grouped within this field that involve the capture of heat or cold for later use. This can be achieved through different methods, such as sensible heat storage, latent heat storage and thermochemical storage.
Each of these methods has its own advantages and specific applications. For example, sensible heat storage relies on the ability of certain materials to store heat when heated, while latent heat storage takes advantage of phase changes in materials (such as melting and solidification) to store and release large amounts of energy. Thermochemical storage, on the other hand, uses reversible chemical reactions to store and release energy.
As far as thermal energy conversion is concerned, we are talking about a post-storage phase that consists of transforming the stored thermal energy into other useful forms of energy, such as electricity or mechanical work. This process is essential to harness the stored energy effectively, allowing its use in different applications, from electricity generation to the heating and cooling of buildings.
Increasing interest from the market and the industry
Due to its features and potential, the thermal storage market and its conversion is increasingly experiencing significant interest, driven by the aforementioned growing need for sustainable and efficient solutions for energy management. Especially considering the various industries that can benefit from the opportunities offered by this sector.
On the one hand, we find the industrial sector. Activities such as the steel, chemical and food industries require large amounts of heat to carry out their production processes. Thermal energy storage and conversion can help these industries to manage their heat needs more efficiently, reducing energy costs and carbon emissions.
Similarly, we find the energy sector. Concentrated solar power (CSP) plants and other renewable energy facilities are adopting thermal storage technologies to improve the reliability and stability of power generation. By storing excess energy generated during periods of high production, these plants can provide a steady supply of electricity even when renewable energy production is low.
On the other hand, and taking into account the desired efficiency targets, the construction industry is another area of activity in which thermal storage has an important role to play. Indeed, some of these technologies are already being used in buildings for efficient heating and cooling. New innovations such as phase change materials (PCMs), which can store and release heat, improving the energy efficiency of buildings and reducing heating and cooling costs, are already in the pipeline.