Concentrated Solar Power (CSP) is a dispatchable form of solar
CSP power plants, like photovoltaic (PV) solar farms, are 100% solar and have stable prices, as both sell their projected generation over a 25-30 year period in a contract at a preset price per kWh.
However, as a solar technology, CSP requires sun to make heat. The parts of the world where it is most suitable have 1800 kWh/sm/yr or more of DNI.
But, although CSP makes and sells solar electricity like PV, it operates like a conventional thermal power plant. In particular, CSP competes with natural gas by providing dispatchable power to the grid.
Concentrated Solar Power (CSP) used to be seen as competing with solar PV, but actually it competes with natural gas to stabilize the grid, by generating solar power from a thermal energy power block
Here’s how it works:
Natural gas, coal, or nuclear power plants run on thermal energy to make electricity. They continually burn fuel to produce heat which is used to run a turbine and generate electricity.
CSP also runs on thermal energy to generate electricity. (How CSP works) But instead of burning fuel to generate each new hour of electricity, CSP harvests sunlight as heat that it stores and uses like other thermal power plants to run a turbine and generate electricity.
Because of this ability to make and store solar energy thermally, CSP can deliver flexibly like a natural gas power plant. (Coal and nuclear are less flexible) So CSP is solar power that can be dispatched in the evening, before sunrise, or at whatever time the regional grid needs power. Typical CSP plants include 10 hours of storage that can be tapped daily in whole or in part.
Batteries are also crucial to a renewable grid
Batteries can also be sited on the grid or included with solar farms to make PV dispatchable. In addition, batteries can inject power instantaneously as needed. Batteries are more costly than thermal energy storage in a CSP plant for discharging longer than 2-4 hours. But the instant-on power of batteries is also critical to the fully renewable grid of the future.
As a thermal power plant, CSP provides the same grid stabilization services as natural gas.
This makes CSP a technology that can advance the 100% renewable energy grid because it can actively replace fossil energy as a backup for intermittent sources. CSP plays a role in a cleaner new grid with the other renewables and batteries.
CSP advantages over natural gas
As a renewable fill-in source that helps to keep the grid stable, CSP has several advantages over natural gas:
1. Natural gas must be stored in vast underground caverns near load centers like cities. As a result, leaks like the Aliso Canyon leak are an ongoing danger.
2. Natural gas prices are unpredictable, while CSP prices are set in 25-year contracts.
3. Natural gas methane leaks during drilling and transporting immediately impact our climate, while CSP is solar energy.