Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant

Kashif Liaqat; Juan Ordonez; Laura Schaefer; Alexander Zolan

doi:10.1109/SusTech57309.2023.10129553

Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant

Kashif Liaqat
, Juan Ordonez
, Laura Schaefer
, Alexander Zolan

Center for Energy Conversion and Storage Systems

Rice University
Florida State University

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

11 Scopus Citations

Abstract

The interest in concentrated solar power (CSP) has increased significantly over the years since it is dispatchable and requires thermal storage instead of electric storage. When compared to photovoltaics (PV), CSP has a higher Levelized Cost of Electricity (LCOE). In this paper, we present the design of a hybrid power plant using CSP and PV technologies. The hybrid system offers a lower LCOE than CSP but will still have dispatchability. The 150-MW hybrid system consists of 100-MW CSP and 50-MW PV capacity. Furthermore, the CSP system (central receiver system) has a molten salt-based thermal storage of 12 hours. The geographical focus of this study is Pakistan, which is a developing country struggling with energy crises, but which has high solar potential. The hybrid system is modeled using the System Advisor Model (SAM). The results show that by hybridizing CSP with PV, the LCOE can be reduced by 18.5%.

Original language	American English
Pages	218-224
Number of pages	7
DOIs	https://doi.org/10.1109/SusTech57309.2023.10129553 https://doi.org/10.1109/SusTech57309.2023.10129553
State	Published - 2023
Event	2023 IEEE Conference on Technologies for Sustainability, SusTech 2023 - Portland, United States Duration: 19 Apr 2023 → 22 Apr 2023

Conference

Conference	2023 IEEE Conference on Technologies for Sustainability, SusTech 2023
Country/Territory	United States
City	Portland
Period	19/04/23 → 22/04/23

Bibliographical note

Publisher Copyright:
© 2023 IEEE.

NLR Publication Number

NREL/CP-5700-86967

Keywords

Concentrated Solar Power
Hybrid Power Plant
Levelized Cost of Electricity
Photovoltaics
Thermal Storage

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title = "Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant",

abstract = "The interest in concentrated solar power (CSP) has increased significantly over the years since it is dispatchable and requires thermal storage instead of electric storage. When compared to photovoltaics (PV), CSP has a higher Levelized Cost of Electricity (LCOE). In this paper, we present the design of a hybrid power plant using CSP and PV technologies. The hybrid system offers a lower LCOE than CSP but will still have dispatchability. The 150-MW hybrid system consists of 100-MW CSP and 50-MW PV capacity. Furthermore, the CSP system (central receiver system) has a molten salt-based thermal storage of 12 hours. The geographical focus of this study is Pakistan, which is a developing country struggling with energy crises, but which has high solar potential. The hybrid system is modeled using the System Advisor Model (SAM). The results show that by hybridizing CSP with PV, the LCOE can be reduced by 18.5\%.",

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doi = "10.1109/SusTech57309.2023.10129553",

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Liaqat, K, Ordonez, J, Schaefer, L & Zolan, A 2023, 'Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant', Paper presented at 2023 IEEE Conference on Technologies for Sustainability, SusTech 2023, Portland, United States, 19/04/23 - 22/04/23 pp. 218-224. https://doi.org/10.1109/SusTech57309.2023.10129553, https://doi.org/10.1109/SusTech57309.2023.10129553

TY - CONF

T1 - Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant

AU - Liaqat, Kashif

AU - Ordonez, Juan

AU - Schaefer, Laura

AU - Zolan, Alexander

PY - 2023

Y1 - 2023

N2 - The interest in concentrated solar power (CSP) has increased significantly over the years since it is dispatchable and requires thermal storage instead of electric storage. When compared to photovoltaics (PV), CSP has a higher Levelized Cost of Electricity (LCOE). In this paper, we present the design of a hybrid power plant using CSP and PV technologies. The hybrid system offers a lower LCOE than CSP but will still have dispatchability. The 150-MW hybrid system consists of 100-MW CSP and 50-MW PV capacity. Furthermore, the CSP system (central receiver system) has a molten salt-based thermal storage of 12 hours. The geographical focus of this study is Pakistan, which is a developing country struggling with energy crises, but which has high solar potential. The hybrid system is modeled using the System Advisor Model (SAM). The results show that by hybridizing CSP with PV, the LCOE can be reduced by 18.5%.

AB - The interest in concentrated solar power (CSP) has increased significantly over the years since it is dispatchable and requires thermal storage instead of electric storage. When compared to photovoltaics (PV), CSP has a higher Levelized Cost of Electricity (LCOE). In this paper, we present the design of a hybrid power plant using CSP and PV technologies. The hybrid system offers a lower LCOE than CSP but will still have dispatchability. The 150-MW hybrid system consists of 100-MW CSP and 50-MW PV capacity. Furthermore, the CSP system (central receiver system) has a molten salt-based thermal storage of 12 hours. The geographical focus of this study is Pakistan, which is a developing country struggling with energy crises, but which has high solar potential. The hybrid system is modeled using the System Advisor Model (SAM). The results show that by hybridizing CSP with PV, the LCOE can be reduced by 18.5%.

KW - Concentrated Solar Power

KW - Hybrid Power Plant

KW - Levelized Cost of Electricity

KW - Photovoltaics

KW - Thermal Storage

UR - https://www.scopus.com/pages/publications/85161871816

U2 - 10.1109/SusTech57309.2023.10129553

DO - 10.1109/SusTech57309.2023.10129553

M3 - Paper

AN - SCOPUS:85161871816

SP - 218

EP - 224

T2 - 2023 IEEE Conference on Technologies for Sustainability, SusTech 2023

Y2 - 19 April 2023 through 22 April 2023

ER -

Design and Techno-Economic Analysis of a 150-MW Hybrid CSP-PV Plant

Abstract

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Keywords

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