Techno-economic analysis and optimization of 50 MWe linear fresnel reflector solar thermal power plant for different climatic conditions

Abstract

The climate change crisis is primarily associated with carbon dioxide emissions from fossil fuel-based electricity generation, which significantly contribute to the greenhouse gas effect. The implementation of renewable energy technologies can mitigate environmental impacts and promote a sustainable future. This study aimed to conduct a techno-economic feasibility analysis and optimize performance parameters for a 50 MWe capacity Linear Fresnel Reflector (LFR) concentrated solar power plant for nine stations under various climatic conditions. The analysis was conducted based on Levelized Cost of Electricity (LCOE) and Capacity Factor (CF) to select a suitable Heat Transfer Fluid (HTF) for each station, by varying Solar Multiple (SM) from 1.0 to 6.0 and adjusting Thermal Energy Storage (TES) hours from four to sixteen. The HTFs selected for economically feasible projects at different stations were Hitec Solar Salt, Hitec, and Therminol VP-1. The combination of SM and TES hours was optimized for economic feasibility, targeting a minimum CF of 36 % and a maximum LCOE of 13.0 ¢/kWh. The optimum SM and TES hours were found to range from 2.0 to 5.8 and from six to thirteen, respectively. An LCOE of less than 7.5 ¢/kWh and a CF of more than 80 % was achieved for two stations with SM of 6.0 and TES of 16 h using Therminol VP-1. Stations with annual mean direct normal irradiance values higher than 1500 kWh/m2 and clearness index values over 0.58 are suitable for commercial power plants. This study contributes to achieving the United Nation's sustainable development goals by promoting the use of renewable energy technologies.

Keywords

• Concentrated solar power
• Linear fresnel reflector
• Techno-economic analysis
• Heat transfer fluid
• Solar multiple
• Thermal energy storage