RIYADH ENERGY STORAGE POWERING SAUDI ARABIA"S SUSTAINABLE
New modular designs enable capacity expansion through simple container additions at just $210/kWh for incremental capacity. These innovations have improved ROI significantly, with
This results in a baseline LCOE of 0.177 $/kWh for Riyadh and 0.137 $/kWh for Tabuk. 3. The hybrid concept with a PV plant added to the CSP original baseload plant, the results show a reduction in LCOE of 18% for Riyadh and 7% for Tabuk keeping the plant capacity factor at a high 79%.
Case 1: Riyadh baseline hourly generation CSP-PT SM = 6. PTC-PV hybrid system ( Case 2) is simulated by adding a PV plant with 45 MWe AC output based on 63 MWe DC with ratio of 1:4. The solar multiple of the PTC was then reduced to match the 79% capacity factor of the baseline case, with the resulting solar multiple of 3.
According to Saudi Arabia's plans, the installed capacity of energy storage will show a rapid growth trend. In the short term, Saudi Arabia plans to have 8GWh of energy storage projects in operation by 2025, and this figure will increase to 22GWh by 2026.
The size of the storage is 18 h capacity. After multiple iterations to maximize the capacity factor of the plant by increasing the solar multiple, the plant capacity factor is 79% with a solar multiple of 6 (LCOE 0.177 $/kWh). Fig. 9. Case 1: Riyadh baseline hourly generation CSP-PT SM = 6.
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