An assessment of the net value of CSP systems integrated with thermal energy storage

Mehos, M.; Jorgenson, J.; Denholm, P.; Turchi, C.

doi:10.1016/j.egypro.2015.03.219

Title: An assessment of the net value of CSP systems integrated with thermal energy storage

Abstract

Within this study, we evaluate the operational and capacity value—or total system value—for multiple concentrating solar power (CSP) plant configurations under an assumed 33% renewable penetration scenario in California. We calculate the first-year bid price for two CSP plants, including a 2013 molten-salt tower integrated with a conventional Rankine cycle and a hypothetical 2020 molten-salt tower system integrated with an advanced supercritical carbon-dioxide power block. The overall benefit to the regional grid, defined in this study as the net value, is calculated by subtracting the first-year bid price from the total system value.

Authors:

Mehos, M. ^[1]; Jorgenson, J. ^[1]; Denholm, P. ^[1]; Turchi, C. ^[1]

National Renewable Energy Laboratory (NREL), Golden, CO (United States)

Publication Date:: Fri May 01 00:00:00 EDT 2015

Research Org.:: National Renewable Energy Laboratory (NREL), Golden, CO (United States)

Sponsoring Org.:: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office

OSTI Identifier:: 1215026

Report Number(s):: NREL/JA-5500-62913
Journal ID: ISSN 1876-6102

Grant/Contract Number:: AC36-08GO28308

Resource Type:: Accepted Manuscript

Journal Name:: Energy Procedia (Online)

Additional Journal Information:: Journal Name: Energy Procedia (Online); Journal Volume: 69; Journal Issue: C; Journal ID: ISSN 1876-6102

Publisher:: Elsevier

Country of Publication:: United States

Language:: English

Subject:: 14 SOLAR ENERGY; 47 OTHER INSTRUMENTATION; concentrating solar power (CSP); CSP; energy storage

Citation Formats


                    Mehos, M., Jorgenson, J., Denholm, P., and Turchi, C. An assessment of the net value of CSP systems integrated with thermal energy storage.  United States: N. p., 2015. 
Web.  doi:10.1016/j.egypro.2015.03.219.

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                    Mehos, M., Jorgenson, J., Denholm, P., & Turchi, C. An assessment of the net value of CSP systems integrated with thermal energy storage.  United States.  https://doi.org/10.1016/j.egypro.2015.03.219

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                    Mehos, M., Jorgenson, J., Denholm, P., and Turchi, C. Fri .  
"An assessment of the net value of CSP systems integrated with thermal energy storage".  United States.  https://doi.org/10.1016/j.egypro.2015.03.219.  https://www.osti.gov/servlets/purl/1215026.

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@article{osti_1215026,

  title        = {An assessment of the net value of CSP systems integrated with thermal energy storage},

  author       = {Mehos, M. and Jorgenson, J. and Denholm, P. and Turchi, C.},

  abstractNote = {Within this study, we evaluate the operational and capacity value—or total system value—for multiple concentrating solar power (CSP) plant configurations under an assumed 33% renewable penetration scenario in California. We calculate the first-year bid price for two CSP plants, including a 2013 molten-salt tower integrated with a conventional Rankine cycle and a hypothetical 2020 molten-salt tower system integrated with an advanced supercritical carbon-dioxide power block. The overall benefit to the regional grid, defined in this study as the net value, is calculated by subtracting the first-year bid price from the total system value.},

  doi          = {10.1016/j.egypro.2015.03.219},

  journal      = {Energy Procedia (Online)},

  number       = C,

  volume       = 69,

  place        = {United States},

  year         = {Fri May 01 00:00:00 EDT 2015},

  month        = {Fri May 01 00:00:00 EDT 2015}

}

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Works referenced in this record:

Methodology for optimized operation strategies of solar thermal power plants with integrated heat storage
journal, April 2011

Wittmann, Michael; Eck, Markus; Pitz-Paal, Robert
Solar Energy, Vol. 85, Issue 4
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Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33% Renewable Scenario
report, March 2013

Denholm, P.; Wan, Y. H.; Hummon, M.
DOI: 10.2172/1072790

Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33% Renewable Scenario
report, March 2013

Denholm, P.; Wan, Y. H.; Hummon, M.
DOI: 10.2172/1072790

Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model
report, December 2013

Jorgenson, Jennie; Denholm, Paul; Mehos, Mark
DOI: 10.2172/1260920

The Value of Concentrating Solar Power and Thermal Energy Storage
journal, October 2010

Sioshansi, Ramteen; Denholm, Paul
IEEE Transactions on Sustainable Energy, Vol. 1, Issue 3
DOI: 10.1109/tste.2010.2052078

Solar Advisor Model User Guide for Version 2.0
report, August 2008

Gilman, Paul; Blair, Nate; Mehos, Mark
DOI: 10.2172/937349

Operation of concentrating solar power plants with storage in spot electricity markets
journal, January 2012

Usaola, J.
IET Renewable Power Generation, Vol. 6, Issue 1
DOI: 10.1049/iet-rpg.2011.0178

Representation of Solar Capacity Value in the ReEDS Capacity Expansion Model
report, March 2014

Sigrin, B.; Sullivan, P.; Ibanez, E.
DOI: 10.2172/1126843

Estimating the Capacity Value of Concentrating Solar Power Plants With Thermal Energy Storage: A Case Study of the Southwestern United States
journal, May 2013

Madaeni, Seyed Hossein; Sioshansi, Ramteen; Denholm, Paul
IEEE Transactions on Power Systems, Vol. 28, Issue 2
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Simulation of Utility-Scale Central Receiver System Power Plants
conference, September 2010

Wagner, Michael J.; Klein, Sanford A.; Reindl, Douglas T.
ASME 2009 3rd International Conference on Energy Sustainability collocated with the Heat Transfer and InterPACK09 Conferences, ASME 2009 3rd International Conference on Energy Sustainability, Volume 2
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Works referencing / citing this record:

A new approach for assessing synergies of solar and wind power: implications for West Africa
journal, September 2018

Sterl, Sebastian; Liersch, Stefan; Koch, Hagen
Environmental Research Letters, Vol. 13, Issue 9
DOI: 10.1088/1748-9326/aad8f6

Techno-Economics of Cogeneration Approaches for Combined Power and Desalination From Concentrated Solar Power
journal, January 2019

Gunawan, Andrey; Simmons, Richard A.; Haynes, Megan W.
Journal of Solar Energy Engineering, Vol. 141, Issue 2
DOI: 10.1115/1.4042061

A new approach for assessing synergies of solar and wind power: implications for West Africa
text, January 2018

Sterl, Sebastian; Liersch, Stefan; Koch, Hagen
ETH Zurich
DOI: 10.3929/ethz-b-000289792

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Title: An assessment of the net value of CSP systems integrated with thermal energy storage

Abstract

Citation Formats

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