Within this study, we evaluate the operational and capacity value-or total system value-for multiple concentrating solar power (CSP) plant configurations under an assumed 33% renewable penetration scenario in California. We calculate the first-year bid price for two CSP plants, including a 2013 molten-salt tower integrated with a conventional Rankine cycle and a hypothetical 2020 molten-salt tower system integrated with an advanced supercritical carbon-dioxide power block. The overall benefit to the regional grid, defined in this study as the net value, is calculated by subtracting the first-year bid price from the total system value. Results of this study indicate a positive net value for a variety of scenarios, depending on technology assumptions and assumed values for natural gas price and tax incentives. We provide results for the 2013 and 2020 CSP configurations as a function of thermal energy storage capacity and solar field size. We provide a sensitivity of these results to natural gas price, which influence the operation value and thus the total system value. We also investigate the sensitivity of the net value to current and anticipated tax incentives. (C) 2015 The Authors. Published by Elsevier Ltd.
