The greater the penetration of renewables in California, the greater the value of CSP with thermal storage capacity
Concentrating Solar Power (CSP) projects would add additional value of 5 or 6 cents per kilowatt hour to utility-scale solar energy in California where 33 percent renewables will be mandated in six years, a new report by the Energy Department’s National Renewable Energy Laboratory has found.
The report, “Estimating the Value of Utility-Scale Solar Technologies in California Under a 40% Renewable Portfolio Standard,” finds that CSP, with its ability to store energy for several hours or more, helps maintain firm capacity in the hours when the sun is below the horizon. Compared to variable generation technologies this translates to an increase in value of 5 cents per kilowatt hour under a 33% renewable standard – the mandate for 2020 – or 6 cents per kilowatt hour under a 40% renewable standard. The added value means that at peak demands, CSP can help lower electricity bills.
“CSP adds significant additional value when compared to less flexible generation sources,” NREL CSP Group Manager Mark Mehos, co-author with Jennie Jorgenson and Paul Denholm of the study, said. “As the penetration of renewables rises, so does the relative value of CSP. CSP could also allow greater penetration of PV by making the grid more flexible and reducing curtailment of PV by generating energy after the sun sets. We intend to investigate this in more detail for the remainder of this year.”
While photovoltaic modules capture the sun’s light and turns it into useable electricity, CSP technologies concentrate the sun's energy and capture that energy as heat, which then drives an engine or turbine to produce electrical power. However, the thermal energy CSP generates can be held back for several hours via storage systems such as molten salts – and then used after the sun sets when demand is still high for, say, air conditioning, television, and lighting.
The new report, funded through the Energy Department’s Office of Energy Efficiency and Renewable Energy in support of its SunShot Initiative, compares the total operating costs of a system with and without an incremental amount of CSP with thermal energy storage or solar PV. It also analyzes capacity value. The report is the second in a series of analyses of the value of CSP with thermal energy storage. The previous report, “Estimating the Performance and Economic Value of Multiple Concentrating Solar Power Technologies in a Production Cost Model,” is available on NREL’s web site.
NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for the Energy Department by the Alliance for Sustainable Energy, LLC.
Visit NREL online at www.nrel.gov
David Glickson | Eurek Alert!
Trojan Transit Rolling Out
27.03.2015 | University of Arkansas at Little Rock
Ultra-Thin Silicon Films Create Vibrant Optical Colors
25.03.2015 | University of Alabama Huntsville
In an experiment at the Department of Energy's SLAC National Accelerator Laboratory, scientists precisely measured the temperature and structure of aluminum as...
The IPH presents a solution at HANNOVER MESSE 2015 to make ship traffic more reliable while decreasing the maintenance costs at the same time. In cooperation with project partners, the research institute from Hannover, Germany, has developed a sensor system which continuously monitors the condition of the marine gearbox, thus preventing breakdowns. Special feature: the monitoring system works wirelessly and energy-autonomously. The required electrical power is generated where it is needed – directly at the sensor.
As well as cars need to be certified regularly (in Germany by the TÜV – Technical Inspection Association), ships need to be inspected – if the powertrain stops...
When an earthquake hits, the faster first responders can get to an impacted area, the more likely infrastructure--and lives--can be saved.
The Atlantic overturning is one of Earth’s most important heat transport systems, pumping warm water northwards and cold water southwards. Also known as the Gulf Stream system, it is responsible for the mild climate in northwestern Europe.
Scientists now found evidence for a slowdown of the overturning – multiple lines of observation suggest that in recent decades, the current system has been...
Because they are regularly subjected to heavy vehicle traffic, emissions, moisture and salt, above- and underground parking garages, as well as bridges, frequently experience large areas of corrosion. Most inspection systems to date have only been capable of inspecting smaller surface areas.
From April 13 to April 17 at the Hannover Messe (hall 2, exhibit booth C16), engineers from the Fraunhofer Institute for Nondestructive Testing IZFP will be...
25.03.2015 | Event News
19.03.2015 | Event News
17.03.2015 | Event News
30.03.2015 | Studies and Analyses
27.03.2015 | Agricultural and Forestry Science
27.03.2015 | Materials Sciences