Summary of: Simulating the Value of Concentrating Solar Power with Thermal Energy Storage in a Production Cost Model (Presentation): NREL (National Renewable Energy Laboratory)

Research output: NRELPresentation

Abstract

Concentrating solar power (CSP) deployed with thermal energy storage (TES) provides a dispatchable source of renewable energy. The value of CSP with TES, as with other potential generation resources, needs to be established using traditional utility planning tools. Production cost models, which simulate the operation of grid, are often used to estimate the operational value of differentgeneration mixes. CSP with TES has historically had limited analysis in commercial production simulations. This document describes the implementation of CSP with TES in a commercial production cost model. It also describes the simulation of grid operations with CSP in a test system consisting of two balancing areas located primarily in Colorado.
Original languageAmerican English
Number of pages38
StatePublished - 2013

NREL Publication Number

  • NREL/PR-6A20-57376

Keywords

  • balancing authority areas
  • capacity value
  • Colorado
  • commercial production
  • concentrating solar power (CSP)
  • CSP
  • net load
  • PLEXOS
  • production cost model
  • solar
  • system marginal price
  • TES
  • thermal energy storage

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