Using concentrating-solar-power plants as economic carbon-free capacity resources

Deep decarbonization of electricity systems raises concerns about the need for generating capacity that can maintain reliable energy supply. Given this concern, we explore the ability of concentrating-solar-power plants with thermal energy storage to provide a carbon-free source of such capacity. We...

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Autores principales:	Kenjiro Yagi, Ramteen Sioshansi, Paul Denholm
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Concentrating solar power Thermal energy storage Peaking generation Capacity value Engineering (General). Civil engineering (General) TA1-2040
Acceso en línea:	https://doaj.org/article/b32ec09ce0864a939091a29bb8aaec07
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spelling	oai:doaj.org-article:b32ec09ce0864a939091a29bb8aaec072021-11-22T04:29:41ZUsing concentrating-solar-power plants as economic carbon-free capacity resources2590-174510.1016/j.ecmx.2021.100112https://doaj.org/article/b32ec09ce0864a939091a29bb8aaec072021-12-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2590174521000374https://doaj.org/toc/2590-1745Deep decarbonization of electricity systems raises concerns about the need for generating capacity that can maintain reliable energy supply. Given this concern, we explore the ability of concentrating-solar-power plants with thermal energy storage to provide a carbon-free source of such capacity. We develop an approach to assessing the capacity contribution of concentrating-solar-power plants that considers future systems. Such considerations are important, because of potential differences in net-load patterns compared to today (e.g., due to higher renewable-energy penetrations). Using historical data spanning an 18-year period, we demonstrate that concentrating-solar-power plants with thermal energy storage can provide this necessary capacity with little impact on their financial viability. We examine the impact of myopic decisions and imperfect foresight of future system conditions on the operation of concentrating-solar-power plants and the resultant impact on their capacity contributions. We find that imperfect foresight can have limited impacts on such a use of concentrating-solar-power plants, so long as proper forecasting techniques are developed and used. Overall, our work shows that concentrating-solar-power plants with thermal energy storage may have a role to play in delivering reliable electricity supply in a decarbonized energy system.Kenjiro YagiRamteen SioshansiPaul DenholmElsevierarticleConcentrating solar powerThermal energy storagePeaking generationCapacity valueEngineering (General). Civil engineering (General)TA1-2040ENEnergy Conversion and Management: X, Vol 12, Iss , Pp 100112- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Concentrating solar power Thermal energy storage Peaking generation Capacity value Engineering (General). Civil engineering (General) TA1-2040
spellingShingle	Concentrating solar power Thermal energy storage Peaking generation Capacity value Engineering (General). Civil engineering (General) TA1-2040 Kenjiro Yagi Ramteen Sioshansi Paul Denholm Using concentrating-solar-power plants as economic carbon-free capacity resources
description	Deep decarbonization of electricity systems raises concerns about the need for generating capacity that can maintain reliable energy supply. Given this concern, we explore the ability of concentrating-solar-power plants with thermal energy storage to provide a carbon-free source of such capacity. We develop an approach to assessing the capacity contribution of concentrating-solar-power plants that considers future systems. Such considerations are important, because of potential differences in net-load patterns compared to today (e.g., due to higher renewable-energy penetrations). Using historical data spanning an 18-year period, we demonstrate that concentrating-solar-power plants with thermal energy storage can provide this necessary capacity with little impact on their financial viability. We examine the impact of myopic decisions and imperfect foresight of future system conditions on the operation of concentrating-solar-power plants and the resultant impact on their capacity contributions. We find that imperfect foresight can have limited impacts on such a use of concentrating-solar-power plants, so long as proper forecasting techniques are developed and used. Overall, our work shows that concentrating-solar-power plants with thermal energy storage may have a role to play in delivering reliable electricity supply in a decarbonized energy system.
format	article
author	Kenjiro Yagi Ramteen Sioshansi Paul Denholm
author_facet	Kenjiro Yagi Ramteen Sioshansi Paul Denholm
author_sort	Kenjiro Yagi
title	Using concentrating-solar-power plants as economic carbon-free capacity resources
title_short	Using concentrating-solar-power plants as economic carbon-free capacity resources
title_full	Using concentrating-solar-power plants as economic carbon-free capacity resources
title_fullStr	Using concentrating-solar-power plants as economic carbon-free capacity resources
title_full_unstemmed	Using concentrating-solar-power plants as economic carbon-free capacity resources
title_sort	using concentrating-solar-power plants as economic carbon-free capacity resources
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/b32ec09ce0864a939091a29bb8aaec07
work_keys_str_mv	AT kenjiroyagi usingconcentratingsolarpowerplantsaseconomiccarbonfreecapacityresources AT ramteensioshansi usingconcentratingsolarpowerplantsaseconomiccarbonfreecapacityresources AT pauldenholm usingconcentratingsolarpowerplantsaseconomiccarbonfreecapacityresources
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Using concentrating-solar-power plants as economic carbon-free capacity resources

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