@inproceedings{444879bec18e4a208097529f9f35f373,
title = "Techno-economic analysis of concentrated solar power plants in terms of levelized cost of electricity",
abstract = "Levelized Cost of Electricity (LCOE) is an important metric which provides one way to compare the economic competitiveness of different electricity generation systems, calculated simply by dividing lifetime costs by lifetime production. Hidden behind the simplicity of this formula are various assumptions which may significantly alter results. Different LCOE studies exist in the literature, although their assumptions are rarely explicitly stated. This analysis gives all formulas and assumptions which allow for inter-study comparisons. The results of this analysis indicate that CSP LCOE is reducing markedly over time and that given the right location and market conditions, the SunShot 6¢/kWh 2020 target can be reached. Increased industrial cooperation is needed to advance the CSP market and continue to drive down LCOE. The results also indicate that there exist a country and technology level learning effect, either when installing an existing CSP technology in a new country or when using a new technology in an existing CSP country, which seems to impact market progress.",
author = "Richard Musi and Benjamin Grange and Sgouris Sgouridis and Rafael Guedez and Peter Armstrong and Alexander Slocum and Nicolas Calvet",
note = "Publisher Copyright: {\textcopyright} 2017 Author(s).; 22nd International Conference on Concentrating Solar Power and Chemical Energy Systems, SolarPACES 2016 ; Conference date: 11-10-2016 Through 14-10-2016",
year = "2017",
month = jun,
day = "27",
doi = "10.1063/1.4984552",
language = "British English",
series = "AIP Conference Proceedings",
booktitle = "SolarPACES 2016",
}
