Research Article

Cost-Benefit Analysis for the Concentrated Solar Power in China

Table 3

Cost-benefit for the ST-CSP technology of China.

ST1ST2ST3ST4ST6ST7ST8Mean

DNI (kWh/m2/yr)1,9762,0001,9001,9001,9001,8001,800
Initial costs (RMB/W)2130.424.4431.62535.830
TES capacity (h)611688910
SP (years)13.37.313.714.613.416.413.412.0
NPV (Million RMB)30.7676.826.75.069.1−52.084.0
NPVR0.151.110.110.020.14−0.150.140.30
IRR11.14%19.22%10.85%10.12%11.08%8.89%11.09%12.33%