Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway

Chad Augustine; Devon Kesseli; Craig Turchi

doi:10.1063/5.0085836

Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway

Chad Augustine, Devon Kesseli, Craig Turchi

Center for Energy Conversion and Storage Systems

Research output: Contribution to conference › Paper › peer-review

1 Scopus Citations

Abstract

The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its levelized cost of electricity. This paper summarizes the methodology and results of that analysis.

Original language	American English
Number of pages	8
DOIs	https://doi.org/10.1063/5.0085836 https://doi.org/10.1063/5.0085836
State	Published - 12 May 2022
Event	26th International Conference on Concentrating Solar Power and Chemical Energy Systems, SolarPACES 2020 - Freiburg, Virtual, Germany Duration: 28 Sep 2020 → 2 Oct 2020

Conference

Conference	26th International Conference on Concentrating Solar Power and Chemical Energy Systems, SolarPACES 2020
Country/Territory	Germany
City	Freiburg, Virtual
Period	28/09/20 → 2/10/20

Bibliographical note

See NREL/CP-5700-77852 for preprint

NREL Publication Number

NREL/CP-5700-83280

Keywords

chloride salt
CSP
Gen3
SAM
solar

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Cite this

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title = "Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway",

abstract = "The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its levelized cost of electricity. This paper summarizes the methodology and results of that analysis.",

keywords = "chloride salt, CSP, Gen3, SAM, solar",

author = "Chad Augustine and Devon Kesseli and Craig Turchi",

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T1 - Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway

AU - Augustine, Chad

AU - Kesseli, Devon

AU - Turchi, Craig

N1 - See NREL/CP-5700-77852 for preprint

PY - 2022/5/12

Y1 - 2022/5/12

N2 - The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its levelized cost of electricity. This paper summarizes the methodology and results of that analysis.

AB - The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its levelized cost of electricity. This paper summarizes the methodology and results of that analysis.

KW - chloride salt

KW - CSP

KW - Gen3

KW - SAM

KW - solar

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U2 - 10.1063/5.0085836

DO - 10.1063/5.0085836

M3 - Paper

AN - SCOPUS:85131210368

T2 - 26th International Conference on Concentrating Solar Power and Chemical Energy Systems, SolarPACES 2020

Y2 - 28 September 2020 through 2 October 2020

ER -

Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway

Abstract

Conference

Bibliographical note

NREL Publication Number

Keywords

UN SDGs

Access to Document

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