NASA NTRS1980
The cost effectiveness of a high temperature thermal storage system is investigated for a representative parabolic dish solar power plant. The plant supplies electrical power in accordance with a specific, seasonally varying demand profile. The solar power received by the plant is supplemented by power from fuel combustion. The cost of electricity generated by the solar power plant is calculated, using the cost of mass-producible subsystems (specifically, parabolic dishes, receivers, and power conversion units) now being designed for this type of solar plant. The trade-off between fuel and thermal storage is derived in terms of storage effectiveness, the cost of storage devices, and the cost of fuel. Thermal storage requirements, such as storage capacity, storage effectiveness, and storage cost are established based on the cost of fuel and the overall objective of minimizing the cost of the electricity produced by the system. As the cost of fuel increases at a rate faster than general inflation, thermal storage systems in the $40 to $70/kWthr range could become cost effective in the near future.