Publication:
Forecasting for concentrated solar thermal power plants in Australia

dc.contributor.advisor Kay, Merlinde en_US
dc.contributor.advisor Taylor, Robert en_US
dc.contributor.advisor Morrison, Graham en_US
dc.contributor.author Law, Edward en_US
dc.date.accessioned 2022-03-22T14:51:37Z
dc.date.available 2022-03-22T14:51:37Z
dc.date.issued 2017 en_US
dc.description.abstract Up to 50% of electricity needs in Australia could be supplied by solar power. At these high levels of solar power generation, solar forecasting is necessary to manage the impact of solar variability. However, there has been little research on using solar forecasting in Australia. This study used modelling to investigate the benefits of using short-term and long-term solar forecasts to operate a concentrated solar thermal (CST) plant for a year at four sites that covered different climate zones within the Australian National Electricity Market. Using 1-hour ahead short-term forecasts increased net value by $0.90-$2.07 million for a CST plant with storage, and by $0.76-$3.10 million for a CST plant without storage. It also improved reliability by reducing the equivalent forced outage rate by 21-38 percentage points for a CST plant with storage, and by 16-42 percentage points for a CST plant without storage. Using 1-hour forecasts achieved 59%-94% of the net value achievable if the 48-hour forecast were perfect. At each site, the highest net value and reliability were achieved by a CST plant with storage and using 1-hour forecasts, thus a CST plant should have both storage and short-term forecasts. If only one can be used, then a CST plant with storage and without 1-hour forecasts achieves higher net value, whereas a CST plant without storage and with 1-hour forecasts achieves higher reliability. These results demonstrated that using short-term forecasts is beneficial for CST plants that operate in electricity markets that allow updated bids to be submitted at short-term time frames. The results can be used to estimate the return on investment in obtaining short-term forecasts for operating a CST plant. Furthermore, the research method can be adapted into a tool for estimating value to assist CST plant project planning. en_US
dc.identifier.uri http://hdl.handle.net/1959.4/57780
dc.language English
dc.language.iso EN en_US
dc.publisher UNSW, Sydney en_US
dc.rights CC BY-NC-ND 3.0 en_US
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/3.0/au/ en_US
dc.subject.other National Electricity Market en_US
dc.subject.other Concentrated solar thermal power en_US
dc.subject.other DNI forecasting en_US
dc.subject.other Financial value en_US
dc.subject.other Reliability en_US
dc.title Forecasting for concentrated solar thermal power plants in Australia en_US
dc.type Thesis en_US
dcterms.accessRights open access
dcterms.rightsHolder Law, Edward
dspace.entity.type Publication en_US
unsw.accessRights.uri https://purl.org/coar/access_right/c_abf2
unsw.identifier.doi https://doi.org/10.26190/unsworks/19649
unsw.relation.faculty Engineering
unsw.relation.originalPublicationAffiliation Law, Edward, Photovoltaics & Renewable Energy Engineering, Faculty of Engineering, UNSW en_US
unsw.relation.originalPublicationAffiliation Kay, Merlinde, Photovoltaics & Renewable Energy Engineering, Faculty of Engineering, UNSW en_US
unsw.relation.originalPublicationAffiliation Taylor, Robert, Mechanical & Manufacturing Engineering, Faculty of Engineering, UNSW en_US
unsw.relation.originalPublicationAffiliation Morrison, Graham, UNSW en_US
unsw.relation.school School of Photovoltaic and Renewable Energy Engineering *
unsw.thesis.degreetype PhD Doctorate en_US
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