Value of concentrated solar power with thermal energy storage in the national electricity market of Australia

Narimani, A.; Abeygunawardana, Anula; Ledwich, Gerard; Nourbakhsh, Ghavameddin

doi:10.1109/aupec.2016.7749292

Cited by 4 publications

(2 citation statements)

References 7 publications

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“…Historically, production cost models have had limited treatment of CSP-TES, and few studies thoroughly examine the value of CSP-TES relative to other resources using these tools [16]. However, recently published studies do attempt to quantify the value CSP-TES based on the displacement of conventional generation using production cost modeling tools [7,8,17,18]. These studies encompass a variety of current and future scenarios for fuel prices, generator fleets, and renewable penetration levels, including locations in the western United States, Australia, and northern Africa.…”

Section: Introductionmentioning

confidence: 99%

“…These studies encompass a variety of current and future scenarios for fuel prices, generator fleets, and renewable penetration levels, including locations in the western United States, Australia, and northern Africa. However, only one of these studies [18] presents a thorough method for modeling CSP-TES, and none of them presents the methodology for modeling CSP-TES in providing ancillary services.…”

Section: Introductionmentioning

confidence: 99%

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A Guide to Implementing Concentrating Solar Power in Production Cost Models

Jorgenson

O’Connell

Denholm

et al. 2018

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

A Guide to Implementing Concentrating Solar Power in Production Cost Models

Jorgenson

O’Connell

Denholm

et al. 2018

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Techno-economic performances of future concentrating solar power plants in Australia

Boretti

Castelletto

2021

Humanit Soc Sci Commun

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The prediction of the techno-economic performances of future concentrated solar power (CSP) solar tower (ST) with thermal energy storage (TES) plants is challenging. Nevertheless, this information is fundamental to energy policymakers. This work aims to fill the knowledge gap regarding estimations of costs, amount, and quality of electricity produced by these plants over their lifetime. Every estimate should be based on real-world data of actual costs incurred to build and maintain constructed plants, and their actual electricity production, sampled with high frequency, to be reliable. Here we discuss as the available information is insufficient. There has been so far very limited transparency on the real cost and performance of CSP plants built and operated worldwide, and in the very few cases where data has been made public, for example, Crescent Dunes in the United States, costs have been much higher than expected, while annual average capacity factors have been much less. Important statistical parameters such as the standard deviation of the capacity factor with high-frequency sampling have never been provided. We conclude as the techno-economic performances of these plants are therefore unpredictable with accuracy until a significant number of plants will be built and operated, their costs and operating parameters will be shared, and their delivered techno-economic performances will be compared to the modeled values, finally permitting validation of the techno-economic analysis tools.

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