The cost of solar thermal power generation

How much does a solar thermal power plant cost?

Studies have found that the solar field represents the highest cost of a solar thermal power plant , , . Ehtiwesh et al. observed that the solar field had the highest cost at $17,635/h, followed by the boiler at $2,526/h and then the condenser at $1104/h.

How much does a solar power plant cost?

The plant has thermal storage tanks and 40% potassium nitrate. This ensures the supply up to 7.5 hours after sunset [ 13 ]. The total cost of 4. COST COMP ARISON OF POWER GENERA- 17, 18 ]. exist. In [ 12], the cost of building PV, solar thermal, of US$/kW and the results are as shown in Figur e 2. at 6720US$/kW. Another study by [ 16] put the Lev-

Is solar thermal technology a better option for large-scale electricity generation?

It is found that both the plant cost and the LCOE for solar thermal technology has been on the decrease over the years while that of non-renewables such as gas and coal are on the increase. It is therefore concluded that solar thermal technology should be adopted as a better option for large-scale electricity generation.

What is the capital cost of a solar thermal plant?

The capital cost of a solar thermal plant includes the costs of the components of the solar thermal plants, plant installation costs and land costs .

Does the size of a solar thermal power plant affect capital cost?

Studies have found that the size of a solar thermal power plant impacts on its capital cost; the bigger the plant capacity, the larger the plant cost , . The authors found that the SD plant had the lowest LCOE, followed by the PT plant, the LFR and then the ST plant.

Do hybrid solar thermal plants reduce electricity generation costs?

In general, the studies found that hybrid solar thermal plants achieved lower electricity generation costs than conventional solar thermal plants especially when the solar thermal plants were hybridized with PV, wind or biomass.