Techno-Economic Assessment of CPVT Spectral Splitting Technology: A Case Study on Saudi Arabia

Concentrating PV thermal (CPVT) collector with spectral splitting technology is a promising solution for heat and electricity production. To extend the use of this technology, novel cost-effective CPVT harsh environments, such as those in Saudi Arabia, presented evaluated using theoretical energy, economy, environmental analysis. Two questions are answered study, namely: which best operation strategy, energy storage CPVT. The potential under climate conditions six cities Arabia also evaluated. It found that heat/electricity production strategy most suitable technology. economic assessment shows levelized cost (LCOE) $0.0847/kWh (LCOH) $0.0536/kWh when water used filter, LCOE $0.0906/kWh LCOH $0.0462/kWh ZnO nanoparticles added. CO2-equivalent emissions 20 MW plant cut from 5675 tonnes to 7822 per year Arabian weather present power generation conditions.