Nowadays, direct steam generation concentrated solar tower plants suffer from the absence of a cost-effective thermal energy storage integration. In this study, the prefeasibility of a combined sensible and latent thermal energy storage configuration has been performed from thermodynamic and economic standpoints as a potential storage option. The main advantage of such concept with respect to only sensible or only latent choices is related to the possibility to minimize the thermal losses during system charge and discharge processes by reducing the temperature and pressure drops occurring all along the heat transfer process. Thermodynamic models, heat transfer models, plant integration and control strategies for both a pressurized tank filled with sphere-encapsulated salts and high temperature concrete storage blocks were developed within KTH in-house tool DYESOPT for power plant performance modeling. Once implemented, cross-validated and integrated the new storage model in an existing DYESOPT power plant layout, a sensitivity analysis with regards of storage, solar field and power block sizes was performed to determine the potential impact of integrating the proposed concept. Even for a storage cost figure of 50 USD/kWh, it was found that the integration of the proposed storage configuration can enhance the performance of the power plants by augmenting its availability and reducing its levelized cost of electricity. As expected, it was also found that the benefits are greater for the cases of smaller power block sizes. Specifically, for a power block of 80 MWe a reduction in levelized electricity costs of 8% was estimated together with an increase in capacity factor by 30%, whereas for a power block of 126 MWe the benefits found were a 1.5% cost reduction and 16% availability increase.