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Techno-economic analysis of concentrated solar power plants in terms of levelized cost of electricity
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Heat and Power Technology.
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2017 (English)In: SOLARPACES 2016: International Conference on Concentrating Solar Power and Chemical Energy Systems, American Institute of Physics (AIP), 2017, article id 160018Conference paper (Refereed)
Abstract [en]

Levelized Cost of Electricity (LCOE) is an important metric which provides one way to compare the economic competitiveness of different electricity generation systems, calculated simply by dividing lifetime costs by lifetime production. Hidden behind the simplicity of this formula are various assumptions which may significantly alter results. Different LCOE studies exist in the literature, although their assumptions are rarely explicitly stated. This analysis gives all formulas and assumptions which allow for inter-study comparisons. The results of this analysis indicate that CSP LCOE is reducing markedly over time and that given the right location and market conditions, the SunShot 6ยข/kWh 2020 target can be reached. Increased industrial cooperation is needed to advance the CSP market and continue to drive down LCOE. The results also indicate that there exist a country and technology level learning effect, either when installing an existing CSP technology in a new country or when using a new technology in an existing CSP country, which seems to impact market progress.

Place, publisher, year, edition, pages
American Institute of Physics (AIP), 2017. article id 160018
Series
AIP Conference Proceedings, ISSN 0094-243X ; 1850
National Category
Energy Systems
Identifiers
URN: urn:nbn:se:kth:diva-212487DOI: 10.1063/1.4984552Scopus ID: 2-s2.0-85023603983ISBN: 9780735415225 (print)OAI: oai:DiVA.org:kth-212487DiVA, id: diva2:1135077
Conference
22nd International Conference on Concentrating Solar Power and Chemical Energy Systems, SolarPACES 2016, Jumeirah Hotel at Etihad Towers, Abu Dhabi, United Arab Emirates, 11 October 2016 through 14 October 2016
Note

QC 20170822

Available from: 2017-08-22 Created: 2017-08-22 Last updated: 2017-08-22Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
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Language
  • de-DE
  • en-GB
  • en-US
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  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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  • asciidoc
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