Derivation of a Levelized Cost of Coating (LCOC) metric for evaluation of solar selective absorber materials
Abstract
A new metric, the Levelized Cost of Coating (LCOC), is derived in this paper to evaluate and compare alternative solar selective absorber coatings against a baseline coating (Pyromark 2500). In contrast to previous metrics that focused only on the optical performance of the coating, the LCOC includes costs, durability, and optical performance for more comprehensive comparisons among candidate materials. The LCOC is defined as the annualized marginal cost of the coating to produce a baseline annual thermal energy production. Costs include the cost of materials and labor for initial application and reapplication of the coating, as well as the cost of additional or fewer heliostats to yield the same annual thermal energy production as the baseline coating. Results show that important factors impacting the LCOC include the initial solar absorptance, thermal emittance, reapplication interval, degradation rate, reapplication cost, and downtime during reapplication. The LCOC can also be used to determine the optimal reapplication interval to minimize the levelized cost of energy production. As a result, similar methods can be applied more generally to determine the levelized cost of component for other applications and systems.
- Authors:
-
- Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)
- Publication Date:
- Research Org.:
- Sandia National Laboratories (SNL), Albuquerque, NM, and Livermore, CA (United States)
- Sponsoring Org.:
- USDOE
- OSTI Identifier:
- 1214663
- Grant/Contract Number:
- AC04-94AL85000
- 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; selective coating; selective absorber; LCOE; receivers
Citation Formats
Ho, C. K., and Pacheco, J. E. Derivation of a Levelized Cost of Coating (LCOC) metric for evaluation of solar selective absorber materials. United States: N. p., 2015.
Web. doi:10.1016/j.egypro.2015.03.048.
Ho, C. K., & Pacheco, J. E. Derivation of a Levelized Cost of Coating (LCOC) metric for evaluation of solar selective absorber materials. United States. https://doi.org/10.1016/j.egypro.2015.03.048
Ho, C. K., and Pacheco, J. E. Fri .
"Derivation of a Levelized Cost of Coating (LCOC) metric for evaluation of solar selective absorber materials". United States. https://doi.org/10.1016/j.egypro.2015.03.048. https://www.osti.gov/servlets/purl/1214663.
@article{osti_1214663,
title = {Derivation of a Levelized Cost of Coating (LCOC) metric for evaluation of solar selective absorber materials},
author = {Ho, C. K. and Pacheco, J. E.},
abstractNote = {A new metric, the Levelized Cost of Coating (LCOC), is derived in this paper to evaluate and compare alternative solar selective absorber coatings against a baseline coating (Pyromark 2500). In contrast to previous metrics that focused only on the optical performance of the coating, the LCOC includes costs, durability, and optical performance for more comprehensive comparisons among candidate materials. The LCOC is defined as the annualized marginal cost of the coating to produce a baseline annual thermal energy production. Costs include the cost of materials and labor for initial application and reapplication of the coating, as well as the cost of additional or fewer heliostats to yield the same annual thermal energy production as the baseline coating. Results show that important factors impacting the LCOC include the initial solar absorptance, thermal emittance, reapplication interval, degradation rate, reapplication cost, and downtime during reapplication. The LCOC can also be used to determine the optimal reapplication interval to minimize the levelized cost of energy production. As a result, similar methods can be applied more generally to determine the levelized cost of component for other applications and systems.},
doi = {10.1016/j.egypro.2015.03.048},
journal = {Energy Procedia (Online)},
number = C,
volume = 69,
place = {United States},
year = {Fri Jun 05 00:00:00 EDT 2015},
month = {Fri Jun 05 00:00:00 EDT 2015}
}
Web of Science
Works referenced in this record:
Improved High Temperature Solar Absorbers for Use in Concentrating Solar Power Central Receiver Applications
conference, March 2012
- Ambrosini, Andrea; Lambert, Timothy N.; Bencomo, Marlene
- ASME 2011 5th International Conference on Energy Sustainability, Parts A, B, and C
Progress in Development of High-Temperature Solar-Selective Coating
conference, August 2005
- Kennedy, C. E.; Price, H.
- ASME 2005 International Solar Energy Conference, p. 749-755
Levelized Cost of Coating (LCOC) for selective absorber materials
report, August 2014
- Ho, Clifford K.; Pacheco, James E.
Characterization of Pyromark 2500 Paint for High-Temperature Solar Receivers
journal, July 2013
- Ho, Clifford K.; Mahoney, A. Roderick; Ambrosini, Andrea
- Journal of Solar Energy Engineering, Vol. 136, Issue 1
The real utility ranges of the solar selective coatings
journal, December 2007
- Cindrella, L.
- Solar Energy Materials and Solar Cells, Vol. 91, Issue 20, p. 1898-1901
Final report on the power production phase of the 10 MW/sub e/ Solar Thermal Central Receiver Pilot Plant
report, March 1988
- Radosevich, L. G.
The real utility ranges of the solar selective coatings
journal, December 2007
- Cindrella, L.
- Solar Energy Materials and Solar Cells, Vol. 91, Issue 20, p. 1898-1901
Works referencing / citing this record:
Thermal Characterization of Carbon Fiber-Reinforced Carbon Composites
journal, April 2018
- Macias, J. D.; Bante-Guerra, J.; Cervantes-Alvarez, F.
- Applied Composite Materials, Vol. 26, Issue 1