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Concentrating solar power potential of Peru: Analysing Peru’s potential for CSP technology with geographical, technical and economic approaches

Translated title

Concentrating solar power potential of Peru

Term

4. Term

Publication year

2019

Submitted on

Pages

90

Abstract

Concentrating Solar Power is a renewable energy technology with interesting prospects in countries with high levels of solar radiation in a context where conventional fossil fuel electricity generation has to be replaced by carbon neutral technologies to fight against climate change. Peru is one of those countries receiving a large annual radiation, however the electricity sector is dominated by natural gas and hydropower. Therefore, the introduction of the technology is evaluated, establishing the following research question: "Is Concentrated Solar Power with thermal storage a techno-economically feasible option for Peru?" To answer the question, a comprehensive study of the potential of technology in Peru has been carried out, including a geographic analysis with GIS software to identify the most favourable locations; and economic optimization of a 50 MW solar tower molten salt CSP plant. The results suggest a promising future for the technology in the country with a competitive LCOE compared with the dominating solutions. The report aims to establish a point of departure to attract greater attention to CSP technology from institutions and companies in Peru.