Feasibility analysis of GRIDSOL technology in Fuerteventura: A case study. Issue 18 (1st July 2019)

• Record Type: Journal Article
• Authors: Fedato, E.; Baldini, M.; Dalla Riva, A.; Mora Alvarez, D. F.; Wiuff, A.K.; Hethey, J.; Cerrajero, E.; Estebaranz, J.M.
• Is Part Of: Journal of engineering. Volume 2019:Issue 18(2019)
• Page Start: 5208
• Page End: 5213
• Publication Date: 2019-07-01
• Subjects: photovoltaic power systems -- power generation economics -- solar power -- diesel‐electric power stations -- solar power stations -- air pollution control -- battery storage plants -- energy consumption; feasibility analysis -- GRIDSOL technology -- fossil fuel use -- energy purposes -- power sector -- multiple interventions -- primary sources -- energy production -- sustainable alternatives -- Renewable energy based technologies -- environmental perspective -- unpredictability -- variability -- electricity production -- Transmission System Operator -- GRIDSOL project -- Smart Renewable Hubs -- photovoltaic batteries -- electrical batteries -- thermal batteries -- technical application -- economic feasibility -- concentrated solar power plant -- diesel power plants -- Fuerteventura's energy consumption -- Canary system -- renewable storage technologies; Engineering -- Periodicals; Engineering; Electronic journals; Periodicals; 620.005
• DOI: 10.1049/joe.2018.9285
• Languages: English
• ISSNs: 2051-3305

Abstract

Abstract : The power sector is experiencing a considerable transformation, shifting primary sources of energy production towards more sustainable alternatives. Despite the benefits, the increasing penetration of renewable raised concerns in terms of intermittency and unpredictability of electricity production, challenging the balance between demand and supply. To this end, the GRIDSOL project proposes Smart Renewable Hubs designed to provide a single and steady output of electricity combining different renewable and storage technologies such as concentrated solar power, photovoltaic, electrical and thermal batteries. This study investigates the technical application and economic feasibility of GRIDSOL for the case of Fuerteventura. Based on different technology configurations, the outcomes show a relevant role of the concentrated solar power plant, replacing diesel plants for electricity generation. In one configuration, GRIDSOL can provide up to 68% of the energy consumption, with a capacity factor of 67% for the concentrated solar power plant and a 24% CO2 emission reduction compared to 2016 levels. The economic assessment, performed over different scenarios, shows that the applicability of GRIDSOL in the Canary system requires support in terms of investments grants on the capital expenditure (58% of the costs) or as feed‐in premiums on energy production (54–67 €/MWh) to break‐even.