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White Paper on the Flexibility of Concentrated Solar Power

Given significant decreases in costs and the ability to provide flexible power, Concentrated Solar Power (CSP) is expected to play a key role as a local and renewable source of power to cope with increasing amounts of variable renewable energy (vRE) in power systems.

Increasing amounts of vRE are posing challenges to power systems. First, solar photovoltaic (PV) without storage cannot meet demand at night, so other forms of supply are needed for nighttime power. Second, power systems must have the ability to ramp up and down during the day to complement the ramp-up of solar PV in the morning and ramp-down of solar PV in the evening, which coincides with the evening demand peak. Third, power systems must have the ability to cope with frequent variations in outputs from solar PV and wind power plants.

CSP with thermal energy storage is well-placed to address the first two challenges and complement solar PV in the power system of the future, instead of combined-cycle gas turbines (CCGT) (or other more expensive thermal power plants) that currently play this role. CSP with thermal energy storage can provide renewable power at night and has the capability to ramp up and down during the day in the same order of magnitude as CCT.

Click to download the Flexibility of CSP-White Paper.

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July 8, 2021
Tags: Energy sector insights
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https://castalia-advisors.com/wp-content/uploads/2021/07/CSP-Plant.jpg 551 827 admin https://castalia-advisors.com/wp-content/uploads/2019/03/castalia-logo-white_transp.png admin2021-07-08 14:17:412025-01-31 21:50:36White Paper on the Flexibility of Concentrated Solar Power

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WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 8075 4654
Suite 3652, Level 36, Gateway
1 Macquarie Place
Sydney NSW 2000
Australia

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+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

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BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

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