Abstract
An international consortium of German, Swiss, Spanish and USA companies, called PHOEBUS, has formed in order to study commercializing solar central receiver (solar tower) technology by developing, designing, constructing, and operating a 30 MW e power plant. In a project siting analysis which evaluated 58 countries, Jordan was selected as one of the best countries. The plan for financing this first-of-a-kind power plant is based on a combination of grants, development loans, and partner equities. The 30-year financial analysis of the plant cash flows predicts a required power sales price of 0.112 DM/kWh dynamic unit cost (in 1989 prices) over the 30 years lifetime of the plant. The paper summarizes the results of the feasibility study [1,2] from a technical and economic point of view.
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