Design, Thermodynamic Performance Comparison and Cost Analysis of Photovoltaic (PV), Concentrated Solar Power (CSP), Wind Turbine, Natural Gas Combined Cycle (NGCC), and Integrated Solar Combined Cycle (ISCC) Power Plants
This
paper evaluates and discusses ways to use five energy resources more
efficiently for generating electric power. An analysis of five different 10 MW
powerplants was made: a photovoltaic system, a concentrated solar power system, wind turbines,
a natural gas combined cycle and an integrated solar combined cycle. Also, each
power plant’s operating principle, thermodynamic analysis, economic analysis,
and simulation evaluation were made using the System Advisor Model (SAM), Engineering Equation Solver
(EES), and the Thermoflow Power Plant Simulation program. From the analysis,
the power plant capacity factor, grid availability, levelized cost of
electricity, and annual energy production are compared and analyzed to
determine a suitable power plant for a given location.
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