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Title: The Value of Concentrating Solar Power and Thermal Energy Storage

Abstract

Our paper examines the value of concentrating solar power (CSP) and thermal energy storage (TES) in a number of regions in the southwestern United States. Our analysis also shows that TES can increase the value of CSP by allowing more thermal energy from a CSP plant's solar field to be used, allowing a CSP plant to accommodate a larger solar field, and by allowing CSP generation to be shifted to hours with higher energy prices. We also analyze the sensitivity of this value to a number of factors, including the optimization period, price and solar forecasting, ancillary service sales, and dry cooling of the CSP plant, and also estimate the capacity value of a CSP plant with TES. We further discuss the value of CSP plants and TES net of capital costs.

Authors:
 [1];  [2]
  1. The Ohio State Univ., Columbus, OH (United States). Integrated Systems Engineering Dept.
  2. National Renewable Energy Lab. (NREL), Golden, CO (United States). Strategic Energy Analysis Center
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE)
OSTI Identifier:
1354889
Grant/Contract Number:  
AC36-08GO28308
Resource Type:
Accepted Manuscript
Journal Name:
IEEE Transactions on Sustainable Energy
Additional Journal Information:
Journal Volume: 1; Journal Issue: 3; Journal ID: ISSN 1949-3029
Publisher:
IEEE
Country of Publication:
United States
Language:
English
Subject:
14 SOLAR ENERGY; economics; solar power generation; thermal energy storage (TES)

Citation Formats

Sioshansi, Ramteen, and Denholm, Paul. The Value of Concentrating Solar Power and Thermal Energy Storage. United States: N. p., 2010. Web. doi:10.1109/TSTE.2010.2052078.
Sioshansi, Ramteen, & Denholm, Paul. The Value of Concentrating Solar Power and Thermal Energy Storage. United States. doi:10.1109/TSTE.2010.2052078.
Sioshansi, Ramteen, and Denholm, Paul. Mon . "The Value of Concentrating Solar Power and Thermal Energy Storage". United States. doi:10.1109/TSTE.2010.2052078. https://www.osti.gov/servlets/purl/1354889.
@article{osti_1354889,
title = {The Value of Concentrating Solar Power and Thermal Energy Storage},
author = {Sioshansi, Ramteen and Denholm, Paul},
abstractNote = {Our paper examines the value of concentrating solar power (CSP) and thermal energy storage (TES) in a number of regions in the southwestern United States. Our analysis also shows that TES can increase the value of CSP by allowing more thermal energy from a CSP plant's solar field to be used, allowing a CSP plant to accommodate a larger solar field, and by allowing CSP generation to be shifted to hours with higher energy prices. We also analyze the sensitivity of this value to a number of factors, including the optimization period, price and solar forecasting, ancillary service sales, and dry cooling of the CSP plant, and also estimate the capacity value of a CSP plant with TES. We further discuss the value of CSP plants and TES net of capital costs.},
doi = {10.1109/TSTE.2010.2052078},
journal = {IEEE Transactions on Sustainable Energy},
number = 3,
volume = 1,
place = {United States},
year = {2010},
month = {6}
}

Journal Article:
Free Publicly Available Full Text
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Cited by: 61 works
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