It's important to know what the tank is being used for. Some things could be:
- Increase the load cycle time (this decreases the number of starts/hour or allows a load/unload unit to turn off, which saves energy)
- Help keep a stable system pressure as demand goes up and down
- Ride out large demands without dragging down the system pressure (any intermittent, short duration, high flow event)
- This is an efficient alternative to providing more horsepower to satisfy the demand
- Note that if your doing this, placing the tank close to the demand and using metered refill is important
- Provide storage in case of compressor outage/power outage (as EmmanuelTop suggested)
- A combination thereof
What the receiver is being used for will impact things. If you're just using it to increase load cycles or help stabilize the system pressure then rule-of-thumbs for storage size range anywhere from 3 to 10 gal of storage per rated flow of the trim compressor. More storage usually means more energy savings (by allowing the unit to shut off between cycles, reducing the time spent unloaded) and greater reliability. If you're using it to ride out large, intermittent demands, then you can use this calculation to size the tank (which can be derived from what TD2K pointed out):
V [gallons] = dQ [scfm] * 7.48 [gallons/ft^3 conversion] * Pa [psia] * dt [minutes] / dP [psi]
Where:
V = size of the receiver, in gallons
dQ = flow into the tank (supply) - flow out of the tank (demand) (note: this will be negative for draw down but so will the dP value)
Pa = atmospheric pressure
dt = the duration, in minutes, of the event or "retention time" or the time between P1 and P2
dP = P2 - P1 (note: this will be negative for draw down)
P1 = the "starting pressure", the pressure of the tank at the start of the event. This value changes over time and so the value to use is dependent on the use. To be safe, it can be the lowest "load" pressure (i.e. the lowest normal pressure, assuming all units can keep up with production). So, in a cascaded pressure band system, it is the load pressure of the last unit to turn on. This is "safe" because it's the lowest possible "normal" pressure before the event starts.
P2 = the "end pressure", the pressure of the tank at the end of the event. Again, this is dependent on the use but is likely the lowest acceptable pressure in the plant or the lowest acceptable pressure for critical end uses.
So, the greater the "retention time" required, the larger the storage will need to be. The smaller the permissible drop in pressure (dP) is, the larger the storage will need to be.
For example, in the event of a loss of supply air (all compressors go down) (cfm in = 0), I need to be able to keep critical operations going for 15 minutes (dt=15). The critical operations (+ leaks) require 50 scfm (cfm out = 50). The last unit loads at 90 psi (P1=90) and the lowest pressure required to operate the critical operations is 75 psi (P2=75).
V = (0-50) * 7.48 * 14.7 * 15 / (75-90) = 5498 gallons.
Now, say that is too big/costly of a tank. You can reduce the required size of the tank by increasing P1, i.e. by pushing the pressure settings of the compressor up, giving a larger pressure differential. Let P1 = 100 psi. Note that this will increase the energy consumption of the compressors. Now, the required storage will be:
V = (0-50) * 7.48 * 14.7 * 15 / (75-100) = 3299 gallons.