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We present an approach that uses the huge fluid and thermal storage capacity of the subsurface, together with geologic carbon dioxide (CO₂) storage, to harvest, store, and dispatch energy from subsurface (geothermal) and surface (solar, nuclear, fossil) thermal resources, as well as excess energy on electric grids. Captured CO₂ is injected into saline aquifers to store pressure, generate artesian flow of brine, and provide a supplemental working fluid for efficient heat extraction and power conversion. Concentric rings of injection and production wells create a hydraulic mound to store pressure, CO₂, and thermal energy. This energy storage can take excess power from the grid and excess/waste thermal energy, and dispatch that energy when it is demanded and thus enable higher penetration of variable renewable energy technologies (e.g., wind, solar). CO₂ stored in the subsurface functions as a cushion gas to provide enormous pressure-storage capacity and displace large quantities of brine, some of which can be treated for a variety of beneficial uses. Geothermal power and energy-storage applications may generate enough revenues to compensate for CO₂ capture costs. While our approach can use nitrogen (N₂), in addition to CO₂, as a supplemental fluid, and store thermal energy, this study focuses using CO₂ for geothermal energy production and grid-scale energy storage. We conduct a techno-economic assessment to determine the levelized cost of electricity of using this approach to generate geothermal power. We present a reservoir pressure-management strategy that diverts a small portion of the produced brine for beneficial consumptive use to reduce the pumping cost of fluid recirculation, while reducing the risk of seismicity, caprock fracture, and CO₂ leakage.
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Buscheck et al. (2016) studied this question.
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