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Title: How thermal energy storage enhances the economic viability of concentrating solar power

Abstract

This study examines the economic performance and rationale of concentrating solar power (CSP) with and without thermal energy storage (TES). We demonstrate that TES can increase the energy and capacity value of CSP and also show that adding TES to a CSP plant can increase its economic viability by increasing its operating revenues to the point that the capital cost of CSP can be justified.

Authors:
 [1];  [1];  [2]
  1. The Ohio State Univ., Columbus, OH (United States)
  2. National Renewable Energy Lab. (NREL), Golden, CO (United States)
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:
1355302
Grant/Contract Number:  
AC36-08GO28308
Resource Type:
Accepted Manuscript
Journal Name:
Proceedings of the IEEE
Additional Journal Information:
Journal Volume: 100; Journal Issue: 2; Journal ID: ISSN 0018-9219
Publisher:
Institute of Electrical and Electronics Engineers
Country of Publication:
United States
Language:
English
Subject:
14 SOLAR ENERGY; 25 ENERGY STORAGE; thermal energy storage; capacity value; concentrating solar power; energy economics

Citation Formats

Madaeni, Seyed Hossein, Sioshansi, Ramteen, and Denholm, Paul. How thermal energy storage enhances the economic viability of concentrating solar power. United States: N. p., 2011. Web. doi:10.1109/JPROC.2011.2144950.
Madaeni, Seyed Hossein, Sioshansi, Ramteen, & Denholm, Paul. How thermal energy storage enhances the economic viability of concentrating solar power. United States. doi:10.1109/JPROC.2011.2144950.
Madaeni, Seyed Hossein, Sioshansi, Ramteen, and Denholm, Paul. Mon . "How thermal energy storage enhances the economic viability of concentrating solar power". United States. doi:10.1109/JPROC.2011.2144950. https://www.osti.gov/servlets/purl/1355302.
@article{osti_1355302,
title = {How thermal energy storage enhances the economic viability of concentrating solar power},
author = {Madaeni, Seyed Hossein and Sioshansi, Ramteen and Denholm, Paul},
abstractNote = {This study examines the economic performance and rationale of concentrating solar power (CSP) with and without thermal energy storage (TES). We demonstrate that TES can increase the energy and capacity value of CSP and also show that adding TES to a CSP plant can increase its economic viability by increasing its operating revenues to the point that the capital cost of CSP can be justified.},
doi = {10.1109/JPROC.2011.2144950},
journal = {Proceedings of the IEEE},
number = 2,
volume = 100,
place = {United States},
year = {2011},
month = {6}
}

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Cited by: 40 works
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