IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v29y2004i5p935-945.html
   My bibliography  Save this article

Economic analysis of integrated solar combined cycle power plants

Author

Listed:
  • Horn, Mechthild
  • Führing, Heiner
  • Rheinländer, Jürgen

Abstract

An integrated solar combined cycle system (ISCCS) was technically and economically studied for implementation in Egypt with support from the global environment facility (GEF). Both, parabolic trough collector field and volumetric air receiver tower were considered as solar systems. The analysis yielded the net present values (NPV) of the project variants, the incremental solar cost, and the levelised electricity cost (LEC) for both the total and the solar electricity productions. For reference, a fossil fired combined cycle (CC) power plant of identical annual total electricity production following the same daily load profiles was assumed. The total (mixed) LEC is equal for both ISCCS variants: 3.1 US¢/kWh. The solar LEC is 9.5 US¢/kWh for HTF-trough and 10.2 US¢/kWh for air-tower. The LEC for the reference CC is 2.4 US¢/kWh. A sensitivity analysis evaluated the impacts of changes in discount rate, solar investment, grant disbursement and fuel price on the LEC. The predicted solar incremental cost of both project variants is within the 50 million US$ limit set by the World Bank for a grant from the GEF. The project provides an environmentally beneficial and economically attractive option for renewable power generation in Egypt.

Suggested Citation

  • Horn, Mechthild & Führing, Heiner & Rheinländer, Jürgen, 2004. "Economic analysis of integrated solar combined cycle power plants," Energy, Elsevier, vol. 29(5), pages 935-945.
    • Handle: RePEc:eee:energy:v:29:y:2004:i:5:p:935-945
    DOI: 10.1016/S0360-5442(03)00198-1
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544203001981
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/S0360-5442(03)00198-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beretta, Gian Paolo & Iora, Paolo & Ghoniem, Ahmed F., 2014. "Allocating resources and products in multi-hybrid multi-cogeneration: What fractions of heat and power are renewable in hybrid fossil-solar CHP?," Energy, Elsevier, vol. 78(C), pages 587-603.
    2. Beretta, Gian Paolo & Iora, Paolo & Ghoniem, Ahmed F., 2013. "Allocating electricity production from a hybrid fossil-renewable power plant among its multi primary resources," Energy, Elsevier, vol. 60(C), pages 344-360.
    3. Amelio, Mario & Ferraro, Vittorio & Marinelli, Valerio & Summaria, Antonio, 2014. "An evaluation of the performance of an integrated solar combined cycle plant provided with air-linear parabolic collectors," Energy, Elsevier, vol. 69(C), pages 742-748.
    4. Zhao, Yawen & Hong, Hui & Jin, Hongguang, 2014. "Mid and low-temperature solar–coal hybridization mechanism and validation," Energy, Elsevier, vol. 74(C), pages 78-87.
    5. Zuxian Zhang & Liqiang Duan & Zhen Wang & Yujie Ren, 2023. "Integration Optimization of Integrated Solar Combined Cycle (ISCC) System Based on System/Solar Photoelectric Efficiency," Energies, MDPI, vol. 16(8), pages 1-22, April.
    6. Bernardos, Eva & López, Ignacio & Rodríguez, Javier & Abánades, Alberto, 2013. "Assessing the potential of hybrid fossil–solar thermal plants for energy policy making: Brayton cycles," Energy Policy, Elsevier, vol. 62(C), pages 99-106.
    7. Bendato, Ilaria & Cassettari, Lucia & Mosca, Marco & Mosca, Roberto, 2016. "Stochastic techno-economic assessment based on Monte Carlo simulation and the Response Surface Methodology: The case of an innovative linear Fresnel CSP (concentrated solar power) system," Energy, Elsevier, vol. 101(C), pages 309-324.
    8. Zhang, Guoqiang & Li, Yuanyuan & Zhang, Na, 2017. "Performance analysis of a novel low CO2-emission solar hybrid combined cycle power system," Energy, Elsevier, vol. 128(C), pages 152-162.
    9. Siva Reddy, V. & Kaushik, S.C. & Ranjan, K.R. & Tyagi, S.K., 2013. "State-of-the-art of solar thermal power plants—A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 258-273.
    10. Behar, Omar & Khellaf, Abdallah & Mohammedi, Kamal, 2013. "A review of studies on central receiver solar thermal power plants," Renewable and Sustainable Energy Reviews, Elsevier, vol. 23(C), pages 12-39.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:29:y:2004:i:5:p:935-945. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.