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Title: Solar thermal technologies: potential benefits to U. S. utilities and industry

Journal Article · · J. Energy; (United States)
DOI:https://doi.org/10.2514/3.48087· OSTI ID:6476408

The net present value of the energy cost savings attributable to solar thermal technologies (STT) in electric utility and industrial process heat applications is estimated for alternative future energy cost scenarios and alternative production cost for solar thermal technology. Under reasonable assumptions regarding future fuel prices and STT production cost, the expected benefits of developing an STT option are significant. Despite these benefits, private investment in STT research and development is unlikely, due to the high level of uncertainty characterizing both future energy prices and the expected returns from such research. Federal participation is required if cost-competitive STT systems are to be available during this century.

Research Organization:
Jet Propulsion Laboratory, California Institute of Technology, Pasadena, California
OSTI ID:
6476408
Journal Information:
J. Energy; (United States), Vol. 7:4
Country of Publication:
United States
Language:
English