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!
Siemens helps transform the main wastewater treatment plant in Vienna into a green power plant
27.11.2015 | Siemens AG
Stanford technology makes metal wires on solar cells nearly invisible to light
26.11.2015 | Stanford University
Planet Earth experienced a global climate shift in the late 1980s on an unprecedented scale, fuelled by anthropogenic warming and a volcanic eruption, according to new research published this week.
Scientists say that a major step change, or ‘regime shift’, in the Earth’s biophysical systems, from the upper atmosphere to the depths of the ocean and from...
The Fraunhofer Institute for Solar Energy Systems ISE has installed 70 photovoltaic modules on the outer façade of one of its lab buildings. The modules were...
Nerve cells cover their high energy demand with glucose and lactate. Scientists of the University of Zurich now provide new support for this. They show for the first time in the intact mouse brain evidence for an exchange of lactate between different brain cells. With this study they were able to confirm a 20-year old hypothesis.
In comparison to other organs, the human brain has the highest energy requirements. The supply of energy for nerve cells and the particular role of lactic acid...
In laser material processing, the simulation of processes has made great strides over the past few years. Today, the software can predict relatively well what will happen on the workpiece. Unfortunately, it is also highly complex and requires a lot of computing time. Thanks to clever simplification, experts from Fraunhofer ILT are now able to offer the first-ever simulation software that calculates processes in real time and also runs on tablet computers and smartphones. The fast software enables users to do without expensive experiments and to find optimum process parameters even more effectively.
Before now, the reliable simulation of laser processes was a job for experts. Armed with sophisticated software packages and after many hours on computer...
Researchers at Heidelberg University have devised a new way to study the phenomenon of magnetism. Using ultracold atoms at near absolute zero, they prepared a...
25.11.2015 | Event News
17.11.2015 | Event News
21.10.2015 | Event News
27.11.2015 | Press release
27.11.2015 | Life Sciences
27.11.2015 | Materials Sciences