Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model
Abstract
Concentrating solar power (CSP) deployed with thermal energy storage (TES) provides a dispatchable source of renewable energy. The value of CSP with TES, as with other potential generation resources, needs to be established using traditional utility planning tools. Production cost models, which simulate the operation of grid, are often used to estimate the operational value of different generation mixes. CSP with TES has historically had limited analysis in commercial production simulations. This document describes the implementation of CSP with TES in a commercial production cost model. It also describes the simulation of grid operations with CSP in a test system consisting of two balancing areas located primarily in Colorado.
- Authors:
- Publication Date:
- Research Org.:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Org.:
- USDOE Office of Energy Efficiency and Renewable Energy Solar Energy Technologies Program
- OSTI Identifier:
- 1059140
- Report Number(s):
- NREL/TP-6A20-56731
- DOE Contract Number:
- AC36-08GO28308
- Resource Type:
- Technical Report
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 14 SOLAR ENERGY; CONCENTRATING SOLAR POWER; CSP; THERMAL ENERGY STORAGE; TES; PRODUCTION COST MODEL; BALANCING AREA; COLORADO; COMMERCIAL PRODUCTION; PLEXOS; CAPACITY VALUE; SYSTEM MARGINAL PRICE; NET LOAD; SOLAR; Energy Analysis; Solar Energy - Thermal
Citation Formats
Denholm, P, and Hummon, M. Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model. United States: N. p., 2012.
Web. doi:10.2172/1059140.
Denholm, P, & Hummon, M. Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model. United States. https://doi.org/10.2172/1059140
Denholm, P, and Hummon, M. 2012.
"Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model". United States. https://doi.org/10.2172/1059140. https://www.osti.gov/servlets/purl/1059140.
@article{osti_1059140,
title = {Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model},
author = {Denholm, P and Hummon, M},
abstractNote = {Concentrating solar power (CSP) deployed with thermal energy storage (TES) provides a dispatchable source of renewable energy. The value of CSP with TES, as with other potential generation resources, needs to be established using traditional utility planning tools. Production cost models, which simulate the operation of grid, are often used to estimate the operational value of different generation mixes. CSP with TES has historically had limited analysis in commercial production simulations. This document describes the implementation of CSP with TES in a commercial production cost model. It also describes the simulation of grid operations with CSP in a test system consisting of two balancing areas located primarily in Colorado.},
doi = {10.2172/1059140},
url = {https://www.osti.gov/biblio/1059140},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Nov 01 00:00:00 EDT 2012},
month = {Thu Nov 01 00:00:00 EDT 2012}
}