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Solar Trough Organic Rankine Electricity System (STORES) Stage 1: Power Plant Optimization and Economics

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Solar Trough Organic Rankine Electricity System (STORES) Stage 1: Power Plant Optimization and Economics ( solar-trough-organic-rankine-electricity-system-stores-stage )

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for the solar field is estimated to be $2,500 a kW, or $2,500,000. When additional costs associated with first-time effort and other uncertainties are added, the cost of the first STORES plant at 1 MW is anticipated to be between $9,000,000 and $10,000,000. These additional costs will be for the first plant, whether it is one megawatt or five megawatts. O&M COSTS Unlike the current Solar Thermal Trough based plants, STORES plants will be designed to run automated, including automated start-up and shut-down. This significantly reduces labor costs, which is important, because for the current plants, labor is spread over considerably larger power production. The O&M costs are anticipated to be about 0.05 a kW for a STORES plant. Figure 4.5.3 provides the table for O&M costs. Figure 4.5.3: Stabilized O&M cost for 5 MW & 1 MW STORES Power Plant 123 456789 Megawatts Labor (Equiv. Persons) Rate $/hr Ann. Labor $ Ann. Solar Field Non- Labor O&M Ann. Power Plant Non- Labor O&M Total Ann.. O&M costs Annual Output KWH $/KWH 5 2 40 160,000 250,000 160,000 570,000 12,000,000 0.048 1 1 40 40,000 50,000 40,000 130,000 2,400,000 0.054 42

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