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!
Cleanroom on demand
29.08.2016 | Fraunhofer-Institut für Produktionstechnik und Automatisierung IPA
Spherical tokamaks could provide path to limitless fusion energy
29.08.2016 | DOE/Princeton Plasma Physics Laboratory
Scientists and engineers striving to create the next machine-age marvel--whether it be a more aerodynamic rocket, a faster race car, or a higher-efficiency jet...
Waveguides are widely used for filtering, confining, guiding, coupling or splitting beams of visible light. However, creating waveguides that could do the same for X-rays has posed tremendous challenges in fabrication, so they are still only in an early stage of development.
In the latest issue of Acta Crystallographica Section A: Foundations and Advances , Sarah Hoffmann-Urlaub and Tim Salditt report the fabrication and testing of...
Electrochemists at TU Graz have managed to use monocrystalline semiconductor silicon as an active storage electrode in lithium batteries. This enables an integrated power supply to be made for microchips with a rechargeable battery.
Small electrical gadgets, such as mobile phones, tablets or notebooks, are indispensable accompaniments of everyday life. Integrated circuits in the interiors...
Recent findings indicating the possible discovery of a previously unknown subatomic particle may be evidence of a fifth fundamental force of nature, according...
A nanocrystalline material that rapidly makes white light out of blue light has been developed by KAUST researchers.
25.08.2016 | Event News
24.08.2016 | Event News
12.08.2016 | Event News
29.08.2016 | Materials Sciences
29.08.2016 | Life Sciences
29.08.2016 | Medical Engineering