Optimal year-round operation of a concentrated solar energy plant in the south of Europe

We present the year-round optimization of the operation of a concentrated solar power facility evaluating the molten salts storage, the power block and cooling. We locate the plant in the south of Europe, Almería (Spain), where high solar radiation is available. The operation of the plant is a function of the solar incidence as well as the climate and atmospheric conditions. The optimization of the system is formulated as a multiperiod Non-linear Programming problem (NLP) that is solved for the optimal production of electricity over a year defining the main operating variables of the thermal and cooling cycles. For a maximum of 25 MW in summer and a minimum of 9.5 MW in winter the annual production cost of electricity is 0.15 €/kWh consuming an average of 2.1 Lwater/kWh. The investment for the plant is 260 M€. Scale-up studies reveal that the production cost can decrease by half while the investment per unit of power should become competitive with current coal based power plants if solar and coal facilities present similar production capacities.