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Book Methods for Analyzing the Economic Value of Concentrating Solar Power with Thermal Energy Storage

Download or read book Methods for Analyzing the Economic Value of Concentrating Solar Power with Thermal Energy Storage written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concentrating solar power with thermal energy storage (CSP-TES) provides multiple quantifiable benefits. To the extent feed-in tariffs should reflect the value of energy, quantifying the value of CSP power is important to policymaking. These benefits can be divided into two major categories: avoided variable costs and avoided fixed costs. This report describes modeling approaches that have emerged to quantify these benefits, specifically in the context of state-level policymaking in the United States. It also discusses these modeling methods and potential applicability in the China context.

Book The Economics and Policy of Concentrating Solar Power Generation

Download or read book The Economics and Policy of Concentrating Solar Power Generation written by Pere Mir-Artigues and published by Springer. This book was released on 2019-05-31 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an up-to-date analysis of state-of-the-art concentrating solar power (CSP) generation. It focuses on the economic analysis of CSP generation technologies as well as the policies that have been and are being used around the globe to support it. The book describes the industrial sectors whose products make up the solar field, including the traditional manufacturers of turbines and generators.The authors provide the main theoretical tools needed to comprehend the costs of CSP technologies compared to other competing technologies (both conventional and renewable) and discuss the conceptual rationale behind creating public support for these technologies and the costs of various promotional techniques. Further, the book examines the concepts from different disciplinary traditions in economics (including environmental, innovation, industrial and public), which are then combined and integrated for an analysis of the costs and policies of CSP electricity.Addressing the main findings and the challenges for future CSP, the book is a valuable resource for researchers and practitioners. It is also of use to industrial engineers, as it identifies the features of the sector’s supply chain value, rooted in and supported by an industrial economics approach.

Book Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model

Download or read book Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model written by Jennie Jorgenson and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 to provide 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-TES technologies (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.

Book Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model

Download or read book Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model written by and published by . This book was released on 2013 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Concentrating Solar Power Technology

Download or read book Concentrating Solar Power Technology written by Keith Lovegrove and published by Elsevier. This book was released on 2012-10-19 with total page 709 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concentrating solar power (CSP) technology is poised to take its place as one of the major contributors to the future clean energy mix. Using straightforward manufacturing processes, CSP technology capitalises on conventional power generation cycles, whilst cost effectively matching supply and demand though the integration of thermal energy storage. Concentrating solar power technology provides a comprehensive review of this exciting technology, from the fundamental science to systems design, development and applications.Part one introduces fundamental principles of concentrating solar power systems. Site selection and feasibility analysis are discussed, alongside socio-economic and environmental assessments. Part two focuses on technologies including linear Fresnel reflector technology, parabolic-trough, central tower and parabolic dish concentrating solar power systems, and concentrating photovoltaic systems. Thermal energy storage, hybridization with fossil fuel power plants and the long-term market potential of CSP technology are explored. Part three goes on to discuss optimisation, improvements and applications. Topics discussed include absorber materials for solar thermal receivers, design optimisation through integrated techno-economic modelling, heliostat size optimisation, heat flux and temperature measurement technologies, concentrating solar heating and cooling for industrial processes, and solar fuels and industrial solar chemistry.With its distinguished editors and international team of expert contributors, Concentrating solar power technology is an essential guide for all those involved or interested in the design, production, development, optimisation and application of CSP technology, including renewable energy engineers and consultants, environmental governmental departments, solar thermal equipment manufacturers, researchers and academics. - Provides a comprehensive review of concentrating solar power (CSP) technology, from the fundamental science to systems design, development and applications - Reviews fundamental principles of concentrating solar power systems, including site selection and feasibility analysis and socio-economic and environmental assessments - Provides an overview of technologies such as linear Fresnel reflector technology, parabolic-trough, central tower and parabolic dish concentrating solar power systems, and concentrating photovoltaic systems

Book Advances in Concentrating Solar Thermal Research and Technology

Download or read book Advances in Concentrating Solar Thermal Research and Technology written by Manuel Blanco and published by Woodhead Publishing. This book was released on 2016-11-10 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of research and development, concentrating solar thermal (CST) power plants (also known as concentrating solar power (CSP) and as Solar Thermal Electricity or STE systems) are now starting to be widely commercialized. Indeed, the IEA predicts that by 2050, with sufficient support over ten percent of global electricity could be produced by concentrating solar thermal power plants. However, CSP plants are just but one of the many possible applications of CST systems. Advances in Concentrating Solar Thermal Research and Technology provides detailed information on the latest advances in CST systems research and technology. It promotes a deep understanding of the challenges the different CST technologies are confronted with, of the research that is taking place worldwide to address those challenges, and of the impact that the innovation that this research is fostering could have on the emergence of new CST components and concepts. It is anticipated that these developments will substantially increase the cost-competiveness of commercial CST solutions and reshape the technological landscape of both CST technologies and the CST industry. After an introductory chapter, the next three parts of the book focus on key CST plant components, from mirrors and receivers to thermal storage. The final two parts of the book address operation and control and innovative CST system concepts. - Contains authoritative reviews of CST research taking place around the world - Discusses the impact this research is fostering on the emergence of new CST components and concepts that will substantially increase the cost-competitiveness of CST power - Covers both major CST plant components and system-wide issues

Book Thermal Energy Storage with Phase Change Materials

Download or read book Thermal Energy Storage with Phase Change Materials written by Mohammed Farid and published by CRC Press. This book was released on 2021-07-26 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on latent heat storage, which is one of the most efficient ways of storing thermal energy. Unlike the sensible heat storage method, the latent heat storage method provides much higher storage density with a smaller difference between storing and releasing temperatures. Thermal Energy Storage with Phase Change Materials is structured into four chapters that cover many aspects of thermal energy storage and their practical applications. Chapter 1 reviews selection, performance, and applications of phase change materials. Chapter 2 investigates mathematical analyses of phase change processes. Chapters 3 and 4 present passive and active applications for energy saving, peak load shifting, and price-based control heating using phase change materials. These chapters explore the hot topic of energy saving in an overarching way, and so they are relevant to all courses. This book is an ideal research reference for students at the postgraduate level. It also serves as a useful reference for electrical, mechanical, and chemical engineers and students throughout their work. FEATURES Explains the technical principles of thermal energy storage, including materials and applications in different classifications Provides fundamental calculations of heat transfer with phase change Discusses the benefits and limitations of different types of phase change materials (PCM) in both micro- and macroencapsulations Reviews the mechanisms and applications of available thermal energy storage systems Introduces innovative solutions in hot and cold storage applications

Book Optimization based Design and Analysis of Concentrating Solar Power with Thermochemical Energy Storage

Download or read book Optimization based Design and Analysis of Concentrating Solar Power with Thermochemical Energy Storage written by Xinyue Peng and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concentrating solar power (CSP) with thermal energy storage has the potential for grid-scale dispatchable power generation. Thermochemical energy storage (TCES), that is, the reversible conversion of solar-thermal energy to chemical energy, has high energy density and low heat loss over long periods. In this work, we develop optimization-based models for the design and analysis of CSP with different fluid-phase and solid-gas TCES systems. By proposing various TCES process strategies, evaluating their system performance, and identifying key areas of improvement, we hope that our study will help accelerate TCES development and solar power deployment. Specifically, we first develop a general process model for CSP plants employing fluid-phase TCES systems. We illustrate our model applicability by using ammonia and methane TCES systems. The analysis allows us to identify pressure vessels for aboveground gas storage as the main cost driver and compressor electricity consumption as the main energy driver. The overall energetic and economic performance can be significantly improved if cheap underground gas storage is available. We then propose an optimization-based framework for process synthesis under variability in two frequencies. We introduce scenarios and modes to represent low and high frequency variability respectively, and formulate the synthesis problem as a multimode two-stage stochastic programming model. The proposed approach is well suited to address the synthesis of renewable energy systems where the energy resource (e.g., solar, wind) often exhibits variability in two scales. Next, we develop an optimization model for the design and operation of CSP plants employing solid-gas TCES systems. Special emphasis is placed on the modeling of fixed-bed reactors that operate in a cyclic batch mode, which are modeled using partial differential equations in time and space. Finally, we provide a system-level analysis for CSP employing various solid-gas TCES strategies, that is, different combinations of chemical reactions and process configurations. Six process configurations are proposed and three types (carbonate, hydroxide, and redox) of reactions are studied. Results show that, six out of the nine strategies have the potential to improve energy efficiency and reduce costs at the same time over two-tank molten salt storage. We also analyze the impacts of key reaction properties and process parameters on system performance.

Book Economic Analysis of Solar Thermal Energy Systems

Download or read book Economic Analysis of Solar Thermal Energy Systems written by Ronald E. West and published by Mit Press. This book was released on 1988 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sunshine may be abundant and free, but converting it into a usable form of energy is expensive. Investment decisions, funding of research and development, and commercial applications all rely on economic analysis. This book reviews the spectrum of economic methods that have been developed from the mid-1970s to the mid-1980s to analyze the feasibility of solar systems and shows how the use of these techniques has influenced federally sponsored research, development, and demonstration programs. There is a strong emphasis on the use of methods and modeling in studying policy alternatives. The book also reviews applications analysis, net energy analysis, and cost requirements for active and passive heating and cooling, for electric power generation, and for industrial process heat. The change in the costs of solar systems over time is one indication of program success, and the book includes a useful summary of the cost histories of various solar programs.

Book The Value of Concentrating Solar Power and Thermal Energy Storage

Download or read book The Value of Concentrating Solar Power and Thermal Energy Storage written by Ramteen Sioshansi and published by . This book was released on 2010 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the value of concentrating solar power (CSP) and thermal energy storage (TES) in four regions in the southwestern United States. The analysis shows that TES can increase the value of CSP by allowing more thermal energy from a CSP plant's solar field to be used, by allowing a CSP plant to accommodate a larger solar field, and by allowing CSP generation to be shifted to hours with higher energy prices. The report analyzes the sensitivity of CSP value to a number of factors, including the optimization period, price and solar forecasting, ancillary service sales, capacity value and dry cooling of the CSP plant. It also discusses the value of CSP plants and TES net of capital costs.

Book An Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33  Renewable Scenario  Report Summary   Presentation

Download or read book An Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33 Renewable Scenario Report Summary Presentation written by and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis evaluates CSP with TES in a scenario where California derives 33% of its electricity from renewable energy sources. It uses a commercial grid simulation tool to examine the avoided operational and capacity costs associated with CSP and compares this value to PV and a baseload generation with constant output. Overall, the analysis demonstrates several properties of dispatchable CSP, including the flexibility to generate during periods of high value and avoid generation during periods of lower value. Of note in this analysis is the fact that significant amount of operational value is derived from the provision of reserves in the case where CSP is allowed to provide these services. This analysis also indicates that the 'optimal' configuration of CSP could vary as a function of renewable penetration, and each configuration will need to be evaluated in terms of its ability to provide dispatchable energy, reserves, and firm capacity. The model can be used to investigate additional scenarios involving alternative technology options and generation mixes, applying these scenarios within California or in other regions of interest.

Book Analysis and Design of Energy Geostructures

Download or read book Analysis and Design of Energy Geostructures written by Lyesse Laloui and published by Academic Press. This book was released on 2019-10-19 with total page 1098 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis and Design of Energy Geostructures gathers in a unified framework the theoretical and experimental competence available on energy geostructures: innovative multifunctional earth-contact structures that can provide renewable energy supply and structural support to any built environment. The book covers the broad, interdisciplinary and integrated knowledge required to address the analysis and design of energy geostructures from energy, geotechnical and structural perspectives. This knowledge includes (Part A) an introduction to the technology; (Part B) the fundamentals of heat and mass transfers as well as of the mechanics of geomaterials and structures required to address the unprecedented behavior of energy geostructures; (Part C) the experimental evidence characterizing the considered geostructures; (Part D) various analytical and numerical modeling approaches to analyze the response of energy geostructures; and (Part E) the performance-based design and detailing essentials of energy geostructures. - Proposes the theoretical and practical application essentials required to address the analysis and design of energy geostructures from energy, geotechnical and structural perspectives - Presents a substantial amount of resolved exercises on key aspects governing the behavior and performance of energy geostructures to be considered in analysis and design - Summarizes and discusses the most recent scientific and technical knowledge about energy geostructures, including energy piles, energy tunnels and energy walls

Book Advanced Energy Storage Technologies and Their Applications  AESA

Download or read book Advanced Energy Storage Technologies and Their Applications AESA written by Rui Xiong and published by MDPI. This book was released on 2018-02-21 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Advanced Energy Storage Technologies and Their Applications (AESA)" that was published in Energies

Book Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway  Preprint

Download or read book Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway Preprint written by and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage (TES) tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its LCOE. This paper summarizes the methodology and results of that analysis.

Book An Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33  Renewable Scenario  Report Summary   Presentation

Download or read book An Analysis of Concentrating Solar Power with Thermal Energy Storage in a California 33 Renewable Scenario Report Summary Presentation written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis evaluates CSP with TES in a scenario where California derives 33% of its electricity from renewable energy sources. It uses a commercial grid simulation tool to examine the avoided operational and capacity costs associated with CSP and compares this value to PV and a baseload generation with constant output. Overall, the analysis demonstrates several properties of dispatchable CSP,including the flexibility to generate during periods of high value and avoid generation during periods of lower value. Of note in this analysis is the fact that significant amount of operational value is derived from the provision of reserves in the case where CSP is allowed to provide these services. This analysis also indicates that the 'optimal' configuration of CSP could vary as a functionof renewable penetration, and each configuration will need to be evaluated in terms of its ability to provide dispatchable energy, reserves, and firm capacity. The model can be used to investigate additional scenarios involving alternative technology options and generation mixes, applying these scenarios within California or in other regions of interest.

Book Summary of

    Book Details:
  • Author :
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  • Release : 2013
  • ISBN :
  • Pages : 38 pages

Download or read book Summary of written by and published by . This book was released on 2013 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concentrating solar power (CSP) deployed with thermal energy storage (TES) provides a dispatchable source of renewable energy. The value of CSP with TES, as with other potential generation resources, needs to be established using traditional utility planning tools. Production cost models, which simulate the operation of grid, are often used to estimate the operational value of different generation mixes. CSP with TES has historically had limited analysis in commercial production simulations. This document describes the implementation of CSP with TES in a commercial production cost model. It also describes the simulation of grid operations with CSP in a test system consisting of two balancing areas located primarily in Colorado.