Economic analysis of power generation from parabolic trough solar thermal plants for the Mediterranean region—A case study for the island of Cyprus

In this work a feasibility study is carried out in order to investigate whether the installation of a parabolic trough solar thermal technology for power generation in the Mediterranean region is economically feasible. The case study takes into account the available solar potential for Cyprus, as well as all available data concerning current renewable energy sources policy of the Cyprus Government, including the relevant feed-in tariff. In order to identify the least cost feasible option for the installation of the parabolic trough solar thermal plant a parametric cost–benefit analysis is carried out by varying parameters, such as, parabolic trough solar thermal plant capacity, parabolic trough solar thermal capital investment, operating hours, carbon dioxide emission trading system price, etc. For all above cases the electricity unit cost or benefit before tax, as well as after tax cash flow, net present value, internal rate of return and payback period are calculated. The results indicate that under certain conditions such projects can be profitable.     

Parametric analysis for the installation of solar dish technologies in Mediterranean regions

In this work a feasibility study is carried out in order to investigate whether the installation of solar dish technologies for power generation in Mediterranean regions is economically feasible. The study takes into account the available solar potential for a typical Mediterranean country, such as Cyprus, as well as all available data concerning the current renewable energy sources policy of the island, including the relevant feed-in tariff of 0.26€/kWh. In order to identify the least cost feasible option for the installation of the solar dish plant a parametric cost–benefit analysis is carried out by varying the solar dish plant capacity, the solar dish plant capital investment and the CO₂ emissions trading scheme price. The results indicated that the installation of solar dish plants in Mediterranean regions is economically feasible only in some cases, when a feed-in tariff incentive scheme exists, and that the size and the capital cost of the solar dish power plant are critical parameters affecting the economic viability of the technology.     

A solar-driven combined cycle power plant

The main results of a feasibility study of a combined cycle electricity generation plant, driven by highly concentrated solar energy and high-temperature central receiver technology, are presented. New developments in solar tower optics, high-performance air receivers and solar-to-gas turbine interface, were incorporated into a new solar power plant concept. The new design features 100% solar operation at design point, and hybrid (solar and fuel) operation for maximum dispatchability. Software tools were developed to simulate the new system configuration, evaluate its performance and cost, and optimize its design. System evaluation and optimization were carried out for two power levels. The results show that the new system design has cost and performance advantages over other solar thermal concepts, and can be competitive against conventional fuel power plants in certain markets even without government subsidies.     

Utility scale hybrid wind–solar thermal electrical generation: A case study for Minnesota

The performance of a hybrid wind–solar power plant in southwestern Minnesota is modeled for a 2-yr period using hourly wind and solar insolation data. The wind portion of the plant consists of four interconnected wind farms within a radius of 90 km. The solar component of the plant is a parabolic trough solar thermal electric generating system using a heat transfer fluid that drives a steam turbine. The market value of energy produced, retail value of energy produced, and levelized cost of energy of the hybrid plant are compared to those of an energy equivalent wind-only plant. Results show that adding solar thermal electric generating capacity to a wind farm rather than expanding with additional wind capacity provides cost–benefit trade-offs that will continue to change as the two technologies evolve. At the present time, we find that capital cost and levelized cost of energy favor a wind-only plant while electric load matching favors a hybrid wind–solar plant. Regional differences in the solar resource in the US influence the economic viability of the hybrid plant, and a comparison using the present model is made with one location in the Southwest. The hourly data analysis presented here is a possible tool for evaluating the overall economic feasibility and generating characteristics for a hybrid wind–solar thermal electric power plant for any location with available wind, solar, electric load, and price data.     

Techno-economic appraisal of a dish/stirling solar power plant in Greece based on an innovative solar concentrator formed by elastic film

As the environmental problems caused by the use of conventional fuels have risen significantly and due to the increase in fossil fuel prices, the importance of reducing society dependence on non-renewable energy sources becomes more and more urgent. It is clear that this could only happen by switching to extensive use of clean energy sources such as renewable energy sources. In this paper a technical feasibility and economic viability study of a dish/Stirling solar power plant in Greece is presented. The proposed power plant uses Dish/Stirling technology and has nominal power 10 MW. The proposed solar concentrator system consists of a primary mirror, formed by elastic film, used to focus the sun's rays onto a secondary mirror which then deviates this radiation into the receiver (Stirling engine). TRNSYS program was developed to simulate Dish/Stirling power plant operation in order to investigate its performance in Greece. The simulation predicted that the proposed power plant could produce 11.19 GWh annually. Project investment cost is approximately 27,000,000 €, while payback is achieved after 16 years of operation. The total profit at the end of the analysis period of 25 years is estimated to be 25,500,000 €.     

Solar thermal systems: Advantages in domestic integration

Pollution represents a major issue, and so does the ability to utilize, when available, renewable energy sources instead of traditional ones. If, on the one hand, it is possible to utilize renewable energy sources in many contexts, on the other hand they are not exploited because of the high cost of the initial investment needed for the installation of these systems, above all when domestic usage is taken into account.This paper proposes a quantitative approach able to forecast the profitability of the introduction of domestic solar thermal systems operating in parallel with the most common systems for heating domestic sanitary water. The approach is developed firstly by analyzing the most common system for heating sanitary water from both the engineering and economic point of view. At the same time the technical–economic solutions related to the most commercialized solar heating systems, and their compatibility with the most common traditional heating systems are studied. This is carried out by using a differential economic analysis of different possible scenarios in which different matches between traditional and solar heating systems are shown, and their profitability is assessed as a function of the power installed.     

Analysis and feasibility of implementing solar chimney power plants in the Mediterranean region

This paper analyzes the feasibility of solar chimney power plants as an environmentally acceptable energy source for small settlements and islands of countries in the Mediterranean region. For the purpose of these analyses, two characteristic geographic locations (Split and Dubrovnik) in Croatia were chosen and simplified model for calculation of produced electric power output is also developed. These locations possess typical characteristics of the Mediterranean climate. The solar characteristics of the chosen geographic locations are shown along with characteristic meteorological data. A solar chimney (SC) power plant with a chimney height of 550 m and a collector roof diameter of 1250 m would produce 2.8–6.2 MW of power. The average annual electric power production of this SC power plant would range between 4.9 and 8.9 GWh/year, but in reality from 5.0 to 6.0 GWh/year in average. An approximate costs analysis, which included a total investment estimate, was performed. The levelized electricity cost was also calculated. It is found that the price of produced electric energy by solar chimney power plant in Mediterranean region is considerably higher compared to the other power sources.     

Design and evaluation of PV-wind hybrid system with hydroelectric pumped storage on the National Power System of Egypt

National and international policies encourage increased penetration of solar and wind energy into electrical networks in order to reduce greenhouse gas emission. Solar radiation and wind speed variations complicate the integration of wind and solar generation into power systems and delay the transition of these sources from centralized to distributed energy sources. The increased penetration of nontraditional energy sources into the electric grid stimulates the demand for large capacities in the field of energy storage. A mathematical model, which describes the operation of a proposed hybrid system, including solar PV, wind energy, and a pumped storage hydroelectric power plant is developed in this paper. This hydropower plant utilizes seawater as a lower reservoir, and only a tank has to be built in order to reduce the installation cost of the storing system. The pumped storage power plant used for compensation of the variation of the output energy from the PV and wind power plants by discharging water from the upper reservoir, which is previously pumped in the case of surplus energy from PV and wind turbine power plants. The impact of the proposed system on the grid utility is investigated in accordance with the values of energy exchange (deficits and surpluses of energy) between the considered hybrid system and the grid. The optimum design is determined by the pump and turbine capacities, upper reservoir volume, and the volume of water left in the tank for emergencies. Different scenarios of the optimum operations are presented for analysis. The results obtained from the examined scenarios indicate the ability of such a hybrid energy system to reduce the exchange of energy with the grid. This paper indicates the technical feasibility of seawater pumped-storage hydropower plant for increasing the Egyptian national grid’s ability to accept high integration of renewable energy sources.     

An assessment of the feasibility of solar absorption and vapor compression cooling systems

For absorption cooling systems to operate and produce their cooling effects they need both thermal and electrical energy, while vapor compression systems need electrical energy only. When operating on solar energy the absorption system may receive all its thermal energy needs from solar sources while its electrical needs (parasitic power) are to be supplied from conventional sources. In order to conduct a fair comparison between the two cooling systems, it is proposed to supply both systems with equal amounts of conventional power and to supplement the rest of their needs from solar sources. A solar coefficient of performance, defined as the ratio of the refrigeration effect to the solar radiation input, is introduced and used for comparing some parameters of engineering ane economic importance in both systems. Economic analysis of solar cooling systems indicates that their initial cost is a function of both their design capacities and the number of hours of full load operation required to fulfill the total daily cooling demand. It indicates, also, that the initial cost of both solar cooling systems would break even before the cost of their respective solar conversion devices do.     

Valuation and development of the solar hydrogen production

This article considers Algeria as a case study for the evaluation of the solar hydrogen production potential. The study relates to the design of a hydrogen generating station by water electrolysis whose energy resources are solar. The electricity supply is done by a solar tower power plant. The numerical simulation of the hydrogen production for the installation proposed is made while being based on the characteristic equations governing the electrolysis of water, hydraulic pumping system and the solar tower. The hydrogen production rate is given for various values of the solar radiation and several sites of Algeria. The results obtained by the established computer code, and of which the required goal is the determination of the most favorable conditions for a better production of hydrogen, are presented and discussed.     

Electromagnetic transients in the control system of output parameters of a solar power plant in Tajikistan Central Asia region

At present, as the demand for electricity increases in all sectors, there is an urgent need to introduce alternative renewable energy sources into modern energy systems. Renewable energy sources, which consist of solar (photovoltaic, PV), wind and hydro power, are key alternative sources of “green energy’’ energies, but it can also be used to produce “green” hydrogen. Thanks to scientific and technological progress, the cost of photovoltaic solar radiation converters is constantly decreasing at a high rate, which makes it possible to build solar power plants of sufficiently large capacity. In the coming decades, solar energy will become an incentive for the economic development of countries that have the maximum “solar” resource. The Republic of Tajikistan is one of these countries with a high potential for solar energy.The article presents an analysis of the resources and potential of solar energy in the Republic of Tajikistan. The study of electromagnetic transients in networks with photovoltaic solar power plants is performed. The main equations, simulation model and calculations of transients are presented, taking into account changes in voltage on DC buses. An algorithm for controlling the system of automatic control of output parameters is proposed. The analysis of dynamic and static modes in parallel operation of a solar power plant with the grid is carried out. A block diagram and computer model is constructed in the MATLAB package together with Simulink and Power System Blockset.     

Location optimization of solar plants by an integrated hierarchical DEA PCA approach

Unique features of renewable energies such as solar energy has caused increasing demands for such resources. In order to use solar energy as a natural resource, environmental circumstances and geographical location related to solar intensity must be considered. Different factors may affect on the selection of a suitable location for solar plants. These factors must be considered concurrently for optimum location identification of solar plants. This article presents an integrated hierarchical approach for location of solar plants by data envelopment analysis (DEA), principal component analysis (PCA) and numerical taxonomy (NT). Furthermore, an integrated hierarchical DEA approach incorporating the most relevant parameters of solar plants is introduced. Moreover, 2 multivariable methods namely, PCA and NT are used to validate the results of DEA model. The prescribed approach is tested for 25 different cities in Iran with 6 different regions within each city. This is the first study that considers an integrated hierarchical DEA approach for geographical location optimization of solar plants. Implementation of the proposed approach would enable the energy policy makers to select the best-possible location for construction of a solar power plant with lowest possible costs.     

Life cycle assessment study of solar PV systems: An example of a 2.7 kWp distributed solar PV system in Singapore

In life cycle assessment (LCA) of solar PV systems, energy pay back time (EPBT) is the commonly used indicator to justify its primary energy use. However, EPBT is a function of competing energy sources with which electricity from solar PV is compared, and amount of electricity generated from the solar PV system which varies with local irradiation and ambient conditions. Therefore, it is more appropriate to use site-specific EPBT for major decision-making in power generation planning. LCA and life cycle cost analysis are performed for a distributed 2.7 kW_p grid-connected mono-crystalline solar PV system operating in Singapore. This paper presents various EPBT analyses of the solar PV system with reference to a fuel oil-fired steam turbine and their greenhouse gas (GHG) emissions and costs are also compared. The study reveals that GHG emission from electricity generation from the solar PV system is less than one-fourth that from an oil-fired steam turbine plant and one-half that from a gas-fired combined cycle plant. However, the cost of electricity is about five to seven times higher than that from the oil or gas fired power plant. The environmental uncertainties of the solar PV system are also critically reviewed and presented.     

A comprehensive techno-economical review of indirect solar desalination

Solar powered desalination has been the focus of great interest recently worldwide. In the past, majority of the experimental investigations focused on solar coupled thermally driven conventional desalination technologies such as Multi-Stage Flash (MSF) and Multi-Effect Distillation (MED). With the advancement in membrane technology and its advantages such as high Recovery Ratios (RR) and low specific energy requirements Reverse Osmosis (RO) desalination has gained popularity. Currently, 52% of the indirect solar desalination plants are RO based with MED and MSF having a 13% and 9% share respectively. Membrane Distillation (MD) based plants represent 16% of the total and have been a focus of recent research efforts. This paper aims to provide a comprehensive review of all the indirect solar desalination technologies along with plant specific technical details. Efforts assessing the economic feasibility and cost affecting parameters for each desalination technology are also reviewed.     

Solar gas turbine systems: Design, cost and perspectives

The combination of high solar shares with high conversion efficiencies is one of the major advantages of solar gas turbine systems compared to other solar-fossil hybrid power plants. Pressurized air receivers are used in solar tower plants to heat the compressed air in the gas turbine to temperatures up to 1000 °C. Therefore solar shares in the design case of 40% up to 90% can be realized and annual solar shares up to 30% can be achieved in base load. Using modern gas turbine systems in recuperation or combined cycle mode leads to conversion efficiencies of the solar heat from around 40% up to more than 50%. This is an important step towards cost reduction of solar thermal power. Together with the advantages of hybrid power plants—variable solar share, fully dispatchable power, 24 h operation without storage—solar gas turbine systems are expected to have a high potential for market introduction in the mid term view.In this paper the design and performance assessment of several prototype plants in the power levels of 1 MW, 5 MW and 15 MW are presented. Advanced software tools are used for design optimization and performance prediction of the solar tower gas turbine power plants. Detailed cost assumptions for the solarized gas turbine, the solar tower plant and further equipment as well as for operation and maintenance are presented. Intensive performance and economic analysis of the prototype plants for different locations and capacity factors are shown. The cost reduction potential through automation and remote operation is revealed.     

Photo-catalytic properties of silicon and its future in photovoltaic applications

With the possible depletion of fossil fuels in just one generation and the risk of eventual nuclear incidents, the question is whether renewable energy sources have the capacity to replace traditional ones. The availability of solar energy is significantly higher than any other renewable source and silicon is currently the major photo-catalytic material in the solar industry. Conversion efficiency and payback time are noted as key factors, besides atmospheric imperviousness, all of which affect usability of photo-catalytic material. The status and future of Si as a major candidate to take over from traditional sources of energy relies on cost reduction of the high purity Si used as feedstock for solar cell industry, reduced installation costs and network maintenance and development of the next generation of Si solar cells.     

Economic feasibility of solar pumping

Two major questions concerning the economic feasibility of solar pumping are addressed. The first of these is concerned with finding a least-cost solar system by considering the alternative use of either thermal or water storage. The second involves the determination of areas where solar energy would be economically competitive with electricity or fuel as a power source for pumping installations.A linear programming solution is developed to find the optimal combination of thermal and water storage for a solar installation. The formulation is then extended to determine a least-cost system when hybrid systems are considered. A hybrid system may incorporate a combination of solar, electric and fuel power inputs. The concept of a breakeven “critical” distance from existing infastructure for solar installations is developed, and an example problem is provided to illustrate typical values of this distance and to show its sensitivity to the base energy costs and rate of inflation for those costs. It appears that electrical pumping is probably the most economical alternative provided that electric infrastructure is located nearby. Fuel power will also be more economical than solar if there is a source of fuel near the proposed pumping site. However, solar systems may be economically competitive when considered for installation at realistic distances from existing infrastructure.     

Electricity and potable water from a solar tower power plant

The cogeneration of electricity and potable water utilising solar energy is studied, assuming solar tower power plants with the open volumetric PHOEBUS receiver. The results for alternative plant configurations show that the water production cost is about the same or even lower than the cost of water produced by conventionally fired systems. Furthermore, the integration offers a reduction of CO₂-emissions related to the water production of up to 50%, additionally to the environmental benefits of solar electricity production.     

对我国发展太阳能热发电的一点看法

太阳能热发电是大规模开发利用太阳能的一个重要技术途径。由于关键技术有待重大突破,目前国外塔式、槽式、碟式系统都还面临着投资大、成本高的问题。本文分析了塔式、槽式、碟式现行三种技术路线在我国推广应用的技术难点,提出了一个新型分立式太阳能热发电技术路线。这项新技术建立在太阳聚光跟踪理论突破的基础之上,不仅具有完全自主知识产权,而且比国外现行的热发电技术更为经济高效。