Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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Solar Electricity from the Desert Solarthermal Powerplants – Tower- and Parabolic Collector-Concept - since 1981 under development and allready available for the market. European „Solar Desert Project“ in the planning phase 8.8 Solar Production of Fuels and Commodities The ultimate goal of Solar Chemistry is the chemical storage of solar energy to make that energy source available regardless of time and location. In the long term future fossil fuels as required for the conversion of crude feedstock’s or the production of basic chemicals could be substituted by solar energy. Compared to thermal energy storage, the conservation of solar energy in chemical form offers additional flexibility. Time and place of use are subject to significantly fewer constraints than for the grid connected electricity. So seasonal adaptation of energy demand and supply is possible, and remote places without grid connection or mobile application can be individually served, which in many cases is not possible on the basis of electricity. The fundamental question addressed in this research field is whether the chemical storage of solar energy or the production of solar fuels by concentrating solar technologies offers significant performance and cost benefits compared to other renewable alternatives. This has to be evaluated in the light of the experience gathered over the past twenty years by solar chemistry but also by other approaches (such as the nuclear high temperature thermo-chemical cycles). One of the most-studied solar chemical processes is the reforming of natural gas to produce synthesis gas. The technical feasibility of solar reforming of methane has already been demonstrated at an engineering scale applying different reactor concepts. Presently the receiver concept is enhanced and industrial scale plants are modeled. 32

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