Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model
Concentrating solar power with thermal energy storage (CSP-TES) is a unique source of renewable energy in that the solar thermal energy can be dispatched similarly to conventional thermal generation. However, CSP-TES plants are energy-limited, meaning that their response might be restricted by solar availability. Therefore, the use of this limited solar energy must be optimally scheduled toprovide the greatest value to the system. The timing of CSP-TES dispatch depends on a variety of factors, including electricity demand patterns, the penetration of variable generation sources, and the configuration of the CSP-TES plant itself. We use an established CSP-TES modeling framework in a commercially available production cost model to compare the dispatch and value of two CSP-TEStechnologies (molten salt towers and parabolic troughs) in a Colorado test system. In addition, we consider a range of configuration parameters, such as the solar multiple and thermal energy storage limit, to evaluate how the operational and capacity value varies with plant configuration.
- Publication Date:
- OSTI Identifier:
- Report Number(s):
- DOE Contract Number:
- Resource Type:
- Technical Report
- 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
- Country of Publication:
- United States
- 14 SOLAR ENERGY; 30 DIRECT ENERGY CONVERSION; concentrating solar power (CSP); CSP; thermal energy storage; TES; production cost modeling; capacity value; operating reserves
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