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THE VALUE OF SOLAR THERMAL ELECTRICITY, COST VS. VALUE APPROACH

It’s time to set ambition goals and have them tightly linked to achieving a high ratio of dispatchable vs. nondispatchable RES generation. It is important to point out at this time – in this crucial energy model transition process – that STE is a technology that can supply baseload electricity like fossil-fueled power stations do.This is vital to realize as most of the old conventional coal and nuclear plants will be decommissioned sooner or later.

Contents
INTRODUCTION …………………………………………….. 3
COST VS. VALUE APPROACH …………………………… 4
The Current Level of Cost Comparison with Onshore
Wind and PV …………………………………………………. 4
The Value of Solar Thermal Power ……………………….. 5
Firmness of Supply is a Step Beyond Dispatchability … 7
STE Enabling a Higher Penetration of Intermittent RES
Technologies …………………………………………………. 7
Maturity ……………………………………………………….. 9
Technical Value: Reliability and Flexibility ……………..12
Technical Value: Reliability and Flexibility ……………..13
Macroeconomic Value …………………………………….15
OUTLOOK …………………………………………………..21
CONCLUSION ………………………………………………22

 

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