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1. Current and Projected Costs of CSP The Central Solar Option Renewable Energy Applications and OpportunitiesNovember 19, 2006
Mark S. Mehos/ Hank Price
National Renewable Energy Laboratory
2. CSP Reference Plant Parabolic Trough Technology as Proxy for CSP
Current solar technology
Rankine cycle plants
6-hours of thermal energy storage
Finance Assumptions
Analysis based on IPP financing
3. Current and Projected Costs of CSP
4. Relative Cost of ElectricityPlant Size
5. Relative Cost of ElectricityIncentives (IPP Financing)
6. Effect of DeploymentBased on Experience from Existing Plants (354 MW in CA)
7. Relative Cost of ElectricityAdvanced Parabolic Trough Technology
8. Summary Data collected from existing parabolic trough plants provide a verifiable baseline for projecting the performance of current systems
Analysis performed by NREL for DOE and the WGA projects a nominal levelized cost of electricity of $.16/kwh for a reference 100MW parabolic trough plant with 6 hours of thermal storage using current technology
The current cost of electricity can vary from $.12 to $.16/kwh depending on the size of solar plant, the solar resource, and mix of incentives
Additional cost reductions will be realized based on further deployment in Arizona and other southwest states