Multi-objective optimization of concentrated solar power plants from an energy-water-environment nexus perspective under distinct climatic conditions – Part B: Environ-economic analysis

Abstract

The objective of this study is to include environmental impact in optimization of concentrated solar power plants previously limited to techno-economic analysis only. Performance of solar towers and parabolic trough collectors equipped with dry and wet cooling is numerically investigated at 10 min interval for three climatic zones. Based on electricity generation profiles pertinent to variation of design variables of solar multiple and thermal energy storage, the water usage is quantified techno-economically, considering water scarcity levels. Besides, five different potential impacts over lifecycle of concentrated solar and natural gas-based power plants are compared after unifying them into metric of net environmental impact avoided. Additionally, utilizing techno-economic solutions and eco-friendly solutions, multi-objective ‘balanced’ solution is proposed. It is found that levelized cost of water increases five-fold for areas with extreme water scarcity and is higher for trough than solar tower. Net environmental impact of troughs is higher and lower electricity generation causes the avoided impact to be higher than solar towers, when compared with natural gas-fired power plants. For eco-friendly solutions, solar multiple varies from 3.5 to 4 with thermal energy storage of 24 h. Dry-cooled solar towers with optimal solar multiple in range of 3–3.2 and thermal energy storage of 18.8–19.9 h are evaluated for pareto-optimality based ‘balanced’ solutions for all zones. These solutions offer minimum net levelized cost of electricity, alongside maximized electricity generation, huge return on invested capital and energy, and reducing environmental impact by over 94%. Lastly, semi-arid climates are found suitable for concentrated solar power plant installation.