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An analysis of the costs and opportunities for concentrating solar power in Australia

Author

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  • Hinkley, James T.
  • Hayward, Jennifer A.
  • Curtin, Bryan
  • Wonhas, Alex
  • Boyd, Rod
  • Grima, Charles
  • Tadros, Amir
  • Hall, Ross
  • Naicker, Kevin

Abstract

This paper provides an overview of the costs of concentrating solar power (CSP) deployed internationally and estimates of what these costs are expected to be in Australia, both for trough and tower technologies. When an analysis is made of how to improve the efficiency of a CSP plant, there is significant potential to reduce the levelised cost of electricity (LCOE) of the plant through operation at higher temperatures. A comparison of tower and trough plants, at various operating temperatures, indicates that tower plants have a greater potential to reduce their LCOE at higher temperatures than troughs.

Suggested Citation

  • Hinkley, James T. & Hayward, Jennifer A. & Curtin, Bryan & Wonhas, Alex & Boyd, Rod & Grima, Charles & Tadros, Amir & Hall, Ross & Naicker, Kevin, 2013. "An analysis of the costs and opportunities for concentrating solar power in Australia," Renewable Energy, Elsevier, vol. 57(C), pages 653-661.
    • Handle: RePEc:eee:renene:v:57:y:2013:i:c:p:653-661
    DOI: 10.1016/j.renene.2013.02.020
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    References listed on IDEAS

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    1. Trieb, F, 2000. "Competitive solar thermal power stations until 2010—the challenge of market introduction," Renewable Energy, Elsevier, vol. 19(1), pages 163-171.
    2. Bugge, Jørgen & Kjær, Sven & Blum, Rudolph, 2006. "High-efficiency coal-fired power plants development and perspectives," Energy, Elsevier, vol. 31(10), pages 1437-1445.
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    Cited by:

    1. Yerudkar, Aditi N. & Kumar, Durgesh & Dalvi, Vishwanath H. & Panse, Sudhir V. & Gaval, Vivek R. & Joshi, Jyeshtharaj B., 2024. "Economically feasible solutions in concentrating solar power technology specifically for heliostats – A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PA).
    2. Meybodi, Mehdi Aghaei & Ramirez Santigosa, Lourdes & Beath, Andrew C., 2017. "A study on the impact of time resolution in solar data on the performance modelling of CSP plants," Renewable Energy, Elsevier, vol. 109(C), pages 551-563.
    3. Omar, Amr & Nashed, Amir & Li, Qiyuan & Leslie, Greg & Taylor, Robert A., 2020. "Pathways for integrated concentrated solar power - Desalination: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    4. Irving Cruz-Robles & Jorge M. Islas-Samperio & Claudio A. Estrada, 2022. "Levelized Cost of Heat of the CSP th Hybrid Central Tower Technology," Energies, MDPI, vol. 15(22), pages 1-23, November.
    5. Pizzolato, A. & Donato, F. & Verda, V. & Santarelli, M. & Sciacovelli, A., 2017. "CSP plants with thermocline thermal energy storage and integrated steam generator – Techno-economic modeling and design optimization," Energy, Elsevier, vol. 139(C), pages 231-246.
    6. Emes, Matthew J. & Ghanadi, Farzin & Arjomandi, Maziar & Kelso, Richard M., 2018. "Investigation of peak wind loads on tandem heliostats in stow position," Renewable Energy, Elsevier, vol. 121(C), pages 548-558.
    7. Xiaoru Zhuang & Xinhai Xu & Wenrui Liu & Wenfu Xu, 2019. "LCOE Analysis of Tower Concentrating Solar Power Plants Using Different Molten-Salts for Thermal Energy Storage in China," Energies, MDPI, vol. 12(7), pages 1-17, April.
    8. Coronas, Sergio & Martín, Helena & de la Hoz, Jordi & García de Vicuña, Luis & Castilla, Miguel, 2021. "MONTE-CARLO probabilistic valuation of concentrated solar power systems in Spain under the 2014 retroactive regulatory framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 138(C).
    9. Dan, Atasi & Barshilia, Harish C. & Chattopadhyay, Kamanio & Basu, Bikramjit, 2017. "Solar energy absorption mediated by surface plasma polaritons in spectrally selective dielectric-metal-dielectric coatings: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 1050-1077.
    10. Zhu, Zhao & Zhang, Da & Mischke, Peggy & Zhang, Xiliang, 2015. "Electricity generation costs of concentrated solar power technologies in China based on operational plants," Energy, Elsevier, vol. 89(C), pages 65-74.
    11. Catalina Hernández & Rodrigo Barraza & Alejandro Saez & Mercedes Ibarra & Danilo Estay, 2020. "Potential Map for the Installation of Concentrated Solar Power Towers in Chile," Energies, MDPI, vol. 13(9), pages 1-15, April.
    12. Li, Yuqiang & Liao, Shengming & Rao, Zhenghua & Liu, Gang, 2014. "A dynamic assessment based feasibility study of concentrating solar power in China," Renewable Energy, Elsevier, vol. 69(C), pages 34-42.
    13. Tarun Kumar Aseri & Chandan Sharma & Tara C. Kandpal, 2022. "Condenser cooling technologies for concentrating solar power plants: a review," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(4), pages 4511-4565, April.
    14. Itiki, Rodney & Manjrekar, Madhav & Di Santo, Silvio Giuseppe & Machado, Luis Fernando M., 2020. "Technical feasibility of Japan-Taiwan-Philippines HVdc interconnector to the Asia Pacific Super Grid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 133(C).
    15. Jorge M. Llamas & David Bullejos & Manuel Ruiz de Adana, 2017. "Techno-Economic Assessment of Heat Transfer Fluid Buffering for Thermal Energy Storage in the Solar Field of Parabolic Trough Solar Thermal Power Plants," Energies, MDPI, vol. 10(8), pages 1-17, August.
    16. Ghirardi, Elisa & Brumana, Giovanni & Franchini, Giuseppe & Perdichizzi, Antonio, 2021. "Heliostat layout optimization for load-following solar tower plants," Renewable Energy, Elsevier, vol. 168(C), pages 393-405.
    17. Xu, Xinhai & Vignarooban, K. & Xu, Ben & Hsu, K. & Kannan, A.M., 2016. "Prospects and problems of concentrating solar power technologies for power generation in the desert regions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 1106-1131.
    18. Cartelle Barros, Juan José & Lara Coira, Manuel & de la Cruz López, María Pilar & del Caño Gochi, Alfredo, 2016. "Probabilistic life-cycle cost analysis for renewable and non-renewable power plants," Energy, Elsevier, vol. 112(C), pages 774-787.
    19. Meybodi, Mehdi Aghaei & Beath, Andrew C., 2016. "Impact of cost uncertainties and solar data variations on the economics of central receiver solar power plants: An Australian case study," Renewable Energy, Elsevier, vol. 93(C), pages 510-524.
    20. Haneklaus, Nils & Schröders, Sarah & Zheng, Yanhua & Allelein, Hans-Josef, 2017. "Economic evaluation of flameless phosphate rock calcination with concentrated solar power and high temperature reactors," Energy, Elsevier, vol. 140(P1), pages 1148-1157.

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