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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Universities, Forest Service sites, Desert Laboratories and other such applications. The door has opened to consideration of Trough power plants as Distributed Generation. The STORES effort has been successful. Worldwide Opportunities There are many locations around the world that would greatly benefit from STORES plants as Distributed Generation for local consumption. The entire Sahara Desert, as large as the continental US, with its dozens of nations, holds great potential for STORES plants, grid connected and stand-alone. The entire Middle East with its large number of nations, India, Mexico and other countries. For the present, it is vital that the first few plants be built in the US satisfying important local needs before the technology is exported to other nations, because the complexity of export alone is challenge enough without adding the complexity of technological risk, expertise shortage and so on. Conclusion: Market Opportunities In conclusion, it appears that there is a real, potentially cost-effective market for STORES systems here in the U.S. and also in other countries. The STORES system should be designed and operated in a manner that meets the client’s needs. The first STORES power plant is already under construction. It will help Pinnacle West to meet the Arizona Portfolio standard and will also provide the pathway towards low cost power from STORES systems. 4.8 Economic Evaluation In order to perform this task, a Pro Forma for the costs, revenues and economics for STORES power plants was created. This Pro Forma was constructed to be flexible, allowing several assumptions to be input as variables, so that the effect of each variable could be examined, and the cumulative effect of multiple variables could also be examined. The generalized Pro Forma was created in a Lotus 123 format, and is available as a separate document. In order to gain some economies of scale the Pro Forma was set up to include the first three STORES plants in sequence,. The assumptions used were generally very conservative. The estimated overall cost of the first 5-megawatt STORES power plant was set at about $5.50 /kW installed, making the 50

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