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NREL CA Solar Benefits Contents Contents Executive Summary .......................................................................................................ES-1 1.0 Introduction.......................................................................................................... 1-1 2.0 CSP Technology Assessment .............................................................................. 2-1 2.1 Description of Technologies .................................................................... 2-2 2.2 Commercial Status of Technologies ........................................................ 2-3 2.3 Technology Selection for Benefits Analysis............................................ 2-4 3.0 California CSP Resource Assessment ................................................................. 3-1 4.0 Deployment of CSP Plants in California ............................................................. 4-1 5.0 Economic Impacts of CSP in California .............................................................. 5-1 5.1 Economic Impacts Model ........................................................................ 5-1 5.2 Input Data for the Model.......................................................................... 5-3 5.2.1 Estimation of California-Supplied Goods and Services ............ 5-4 5.2.2 Costs Versus Deployment Year............................................... 5-10 5.3 Base Case Economic Impacts Analysis Results .................................... 5-10 5.4 Economic Impacts Sensitivity Analysis................................................. 5-15 5.5 Fiscal Impacts ........................................................................................ 5-18 6.0 Cost and Value of CSP Energy............................................................................6-1 6.1 The Market Price Referent....................................................................... 6-1 6.2 Cost of Energy Calculations .................................................................... 6-2 6.3 The Time of Delivery Value of CSP Energy ........................................... 6-5 7.0 Environmental and Hedging Benefits .................................................................. 7-1 7.1 7.2 Reduction in Criteria and CO2 Air Emissions ......................................... 7-1 Hedging Impact of CSP on Natural Gas Prices ....................................... 7-2 7.2.1 Natural Gas Use in the United States ........................................ 7-2 7.2.2 Natural Gas Use in California ................................................... 7-3 7.2.3 Natural Gas Prices and Price V olatility ..................................... 7-5 7.2.4 The Hedging Impact of CSP Deployment in California ........... 7-6 April 21, 2006 TC-1PDF Image | Economic, Energy, and Environmental Benefits of Concentrating Solar Power in California
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