Thermoeconomic optimization of a combined-cycle solar tower power plant

• A dynamic model of a pure-solar combined-cycle power plant has been developed in order to allow determination of the thermodynamic and economic performance of the plant for a variety of operating conditions and superstructure layouts. The model was then used for multi-objective thermoeconomic optimization of both the power plant performance and cost, using a population-based evolutionary algorithm. In order to examine the trade-offs that must be made, two conflicting objectives will be considered, namely minimal investment costs and minimal levelized electricity costs. It was shown that efficiencies in the region of 18-24% can be achieved, and this for levelized electricity costs in the region of 12-24 UScts/kWh(e), depending on the magnitude of the initial investment, making the system competitive with current solar thermal technology.

Subject headings

TEKNIK OCH TEKNOLOGIER  -- Maskinteknik -- Energiteknik (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Mechanical Engineering -- Energy Engineering (hsv//eng)

Keyword

Combined-cycle

Multi-objective optimization

Solar thermal power

Thermo-economics

Publication and Content Type

ref (subject category)

art (subject category)