Hello guys,
I have conducted a techno-economic analysis surrounding the integration of solar thermal energy in existing or new steam power plants in Saudi Arabia. Most of the fuels currently used for power generation are crude oil or refined oil products (resid, diesel). Crude is sold to local utilities here at less than 4 USD per barrel, whereas it could be put aside for future generations or add greater value to the local economy by putting it on the market.
This is an important issue for me as a Saudi, and I would love to get honest feedback about the analysis and results. Steam turbine units represent a large portion of the capacity in Saudi Arabia.
The major result that such integration does not become profitable without external incentives until the initial investment is made in 2018 does not seem unreasonable to me based on parabolic troughs' cost curve.
Thank you.
I have conducted a techno-economic analysis surrounding the integration of solar thermal energy in existing or new steam power plants in Saudi Arabia. Most of the fuels currently used for power generation are crude oil or refined oil products (resid, diesel). Crude is sold to local utilities here at less than 4 USD per barrel, whereas it could be put aside for future generations or add greater value to the local economy by putting it on the market.
This is an important issue for me as a Saudi, and I would love to get honest feedback about the analysis and results. Steam turbine units represent a large portion of the capacity in Saudi Arabia.
The major result that such integration does not become profitable without external incentives until the initial investment is made in 2018 does not seem unreasonable to me based on parabolic troughs' cost curve.
Thank you.
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