Franziska Schöniger from TU Wien presented MUSTEC at the 16th International Association for Energy Economics (IAEE) Conference in Ljubljana, Slovenia on the 27th of August 2019.
The presentation was focused on a model-based assessment of CSP in Spain.
The main conclusions derived include that the current price pattern in Spain doesn’t provide incentives to shift CSP generation to night, whence the most profitable way for a CSP plant is to sell its electricity production during the day, as well as that CSP is capable of reacting very flexible to price signals. Moreover, given that the use of storage systems is highly dependent on the electricity price dynamics of a market, systems with a high share of non-dispatchable fluctuating renewables can lead to the highest relative market values for CSP. In such cases, CSP could play out its main operational advantages – dispatchable, renewable, and CO2-free generation of electricity.