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:
-
- The Ohio State Univ., Columbus, OH (United States). Integrated Systems Engineering Dept.
- 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:
- Journal Article: 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. https://doi.org/10.1109/TSTE.2010.2052078
Sioshansi, Ramteen, and Denholm, Paul. 2010.
"The Value of Concentrating Solar Power and Thermal Energy Storage". United States. https://doi.org/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},
url = {https://www.osti.gov/biblio/1354889},
journal = {IEEE Transactions on Sustainable Energy},
issn = {1949-3029},
number = 3,
volume = 1,
place = {United States},
year = {Mon Jun 14 00:00:00 EDT 2010},
month = {Mon Jun 14 00:00:00 EDT 2010}
}
Web of Science
Works referencing / citing this record:
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