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Solar Thermal Power Plants 408. Heraeus-Seminar „Energy Supply and Climate Change“ Dr. Henner Gladen, Lars Schnatbaum-Laumann, May 2008

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Page 1: Solar Thermal Power Plants - uni- · PDF fileSolar thermal power plants provide firm capacity during ... e.g. as a technology for hybrid power plants ... Principle function of a Solar

Solar Thermal Power Plants

408. Heraeus-Seminar „Energy Supply and Climate Change“Dr. Henner Gladen, Lars Schnatbaum-Laumann, May 2008

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Seite 2Unternehmenspräsentation Solar Millennium AG

Content

Portrait of the Solar Millennium AG

Potential of solar energy

Parabolic-trough power plants

Firm capacity and power generation on demand

Solar chimney power plants

Market development

Import of solar power from north africa

Cost of concentrating solar power – an example

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Seite 3Unternehmenspräsentation Solar Millennium AG

Portrait of the Solar Millennium AGFounded: 1998

Headquarter: Erlangen, Germany

Offices: Erlangen, Köln, Essen, Madrid (Spa.), Almeria (Spa.), Aldeire (Spa.), Berkeley (USA) …

Sector: Renewable energies (large scale solar power plants, 50-250MW)

Number of employees:Approx. 120 equivalent full-time

Board members:Christian Beltle (Chairman)Dr. Henner GladenThomas Mayer

Supervisory board: Helmut Pflaumer (Chairman)Hannes KuhnProf. Dr. Michael Fischer

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Seite 4Unternehmenspräsentation Solar Millennium AG

Business Model

Solar Millennium AG

Project-development

Project-financing

Power Plant Investment

Technology Power Plant Construction

Technology provider throughout the planning and construction phases of solar power plants

Construction of solar thermal power plants

Site selection and qualification

Permission process

Real estate procurement

Financing of power plant projects

Sales of power plant investments

Minority holdings in power plant companies

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Seite 5Unternehmenspräsentation Solar Millennium AG

We’re developing the future!

Solar Millennium AG

... is a successful pioneer thanks to the early entry into the market (1998)

... developed the first parabolic trough power plants in Europe

... is a technological leader in parabolic trough power plants

… enabled the first project-specific financing of solar-thermal power plants

… has strong growth due to flexible cooperation in the correspondingbusiness sectors

… is supplying the technology for Egypt’s first parabolic trough solar field

… is developing a multitude of new projects worldwide

Specialist for Solar Thermal Power Plants

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Seite 6Unternehmenspräsentation Solar Millennium AG

Fossil fuel based economy comes to its limits as environ-mental damages increase and prices are out of control

Crude oil prices have risen sixfold since 2002, coal prices quadrupled, gas prices more than tripled

2008-05-21, US Energy Secretary Sam Bodman said that there was nothing the government could do to ease the pain of soaring fuel prices for consumers and added that a rise in speculative investment in commodities was not behind the rally.

"We have flat (oil) production ... and increasing demand. I don't think anything can be done near term," he said.(source: Thomson Reuters 2008)

http://www.energiekrise.de/

http://www.peakoil.net/

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Seite 7Unternehmenspräsentation Solar Millennium AG

Most oil producing countries outside OPEC are past peak production

U. S. oil magnate T. Boone Pickens, who chairs the hedge fund BP Capital Management, projected that light crude will reach US$150 a barrel this year as demand outstrips supply.(source: www.financialpost.com, 2008-05-21)

More information @ http://www.energywatchgroup.org

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Seite 8Unternehmenspräsentation Solar Millennium AG

The yearly irradiation on earth amounts to 1.080.000.000 terawatthours – 60,000-times the global power demand.

Solar Energy is inexhaustible . . .

Einführung

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Seite 9Unternehmenspräsentation Solar Millennium AG

… yields the highest energy density of renewables …

Biomass (1)

Wind (30)

Geothermal (1)

Hydro (30)

Solar (250)

in brackets: (typical yield in GWhel/km²/y)

Source: DLR

Every 10 km² in MENA yield 15 million barrelsof fuel oil per year in form of solar energy

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Seite 10Unternehmenspräsentation Solar Millennium AG

… potential sites are abundant

Einführung

1 km² of desert land yields up to 200 - 300 GWhel/year… equals 50 MW coal or gas power plant… saves 500,000 bbl of oil / year… avoids 200,000 tons CO2 / year… can produce 165,000 m³ freshwater/day by desalination

Source: DLR

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Seite 11Unternehmenspräsentation Solar Millennium AG

Solar Thermal Power Plants …

utilize simple physical principles

convert solar irradiation into heat and generate power with a conventional water/steam cycle

allow large scale, climate friendly power generation: Power plants with 50 to 250 MW

are located in the „sunbelt of the earth“

is a collective term for different technologies; Solar Millennium AG focuses on parabolic trough power plants and solar chimney power plants

Technologie

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Seite 12Unternehmenspräsentation Solar Millennium AG

History of the parabolic-trough power plants

Invented inStuttgart, 1907

Egypt 1912: 55 kW power plant

built by Shuman

Technologie

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page 13L. Schnatbaum, Solar Millennium AG, Erlangen

High oil prices triggered a boom for renewable energies.

Solar thermal power plants provide firm capacity during times of peak demand

Construction of SEGS* I - IX9 power plants with 354 MWe

1.2 Bill. US$ investment

13 TWh power generation

Revenues to date: 2.3 Bill. US$* SEGS = Solar Electricity Generation System

California in the 1980’s

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Seite 14Unternehmenspräsentation Solar Millennium AG

Parabolic-trough power plants are a mature technology

Solar irradiation is concentrated 70-80 times on a receiver tube, which is situated in the focal line of a parabolic-trough mirror; the heat is picked up by a thermo oil, flowing inside the tubes, and transferred to a conventional water/steam cycle with a steam turbine and generator set.

Operation is possible in solar-only or hybrid mode (w/ natural gas co-firing)

Power generation is possible on demand; thermal storage and natural gas co-firing allow power generation independent from actual solar irradiation

Technologie

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Seite 15Unternehmenspräsentation Solar Millennium AG

Process diagram of a parabolic-trough power plant with molten salt storage and natural gas co-firing

Solar field w/ HTF Storage Conventional water/steam cycleHX

Live steam: 100 bar/ 380°C

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Seite 16Unternehmenspräsentation Solar Millennium AG

Low CO2-emissions and short energy payback periods

CO2-Reduction of an Andasol-type power plant compared to a modern hard coal power plant: 149.000 tCO2/y

Solartherm. power plants: app. 5 monthWindmills: 4 - 7 monthPV in middle europe: 2 - 5 yearsUranium, natural gas, coal, oil: never

Greenhouse gas emissions (BMU 2002)

Technologie

Energy Payback Period

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Seite 17Unternehmenspräsentation Solar Millennium AG

New developments – improved receivers bySchott Solar

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Seite 18Unternehmenspräsentation Solar Millennium AG

Enhanced mirrors by Rioglass Solar

Development targets for mirrors

Improve back side reflectivity, reduce front side reflectivityReduce absorptionDecrease energy consumption and cost of bending processIncrease mechanical strengthImplement cost effective mass production

Advantages of tempered glass: Higher strength and smaller splitters

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Seite 19Unternehmenspräsentation Solar Millennium AG

Current and advanced thermal storage technologies

Ø 38,5 m

14 m

292 °C 386 °C

Andasol 1-3, molten salt storageStorage capacity 1010 MWh (7.7h)Nitrate salts (60% NaNO3 + 40% KNO3)Salt inventory 28.500 tTank volume 14.000 m³6 HTF/salt heat exchangers

Selection of R&D projects (DLR)Demonstrate pilot scale concretestorageFurther development of phasechange material storageSolid media storage for Solar Tower with Air Receiver

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Seite 20Unternehmenspräsentation Solar Millennium AG

Plant concepts currently in development

Solar tower with direct steam generation (PS10/20, DPT550)

Solar tower with molten salt (Solar tres)

Solar tower with hot air and conventional boiler (STJ)

Solar tower with gas turbine

Parabolic trough with direct steam generation

Parabolic trough with molten salt

Parabolic trough with air

Direct steam generation with Fresnel concentrator

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Seite 21Unternehmenspräsentation Solar Millennium AG

Parabolic Trough Power Plant

Higher efficiency (e.g. direct steam generation)

More potential sites (e.g. dry cooling)

Expansion of the field of applications (e.g. desalination)

Biogas

e.g. as a technology for hybrid power plants in combination with parabolic trough plants

Solar Chimney Power Plant

as an alternative solar thermal power plant technology

Research and Development

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Seite 22Unternehmenspräsentation Solar Millennium AG

Andasol 1-3: Largest site for solar power generation in the world

3x 50 MW app. 471.000 MWh/yapp. 447.000 t/a CO2-Reduction7.5 h thermal storage

Owing to the Andasolprojects, Solar Millennium AG won the Energy GlobeWorld Award 2008 in the

category „fire“.

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Seite 23Unternehmenspräsentation Solar Millennium AG

Parabolic-trough solar power plant Andasol 1

Technologie

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Seite 24Unternehmenspräsentation Solar Millennium AG

Andasol movie

Andasol 1

Andasol 2

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Seite 25Unternehmenspräsentation Solar Millennium AG

Characteristic data of Andasol 1-3per power plant:

512.000 m2 collector area (= 70 soccer fields)

Thermal storage for 7.5 baseload hours almost doubles power generation of each plant – about 180 GWh (gross) per year

Water/steam cycle with 50 MW steam turbine and wet cooling towers

149.000 to/y CO2-reduction compared to a modern hard coal power plant

about 300 Mio. Euro investment

Technologie

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Seite 26Unternehmenspräsentation Solar Millennium AG

W/o large storage facilities for electricity, power generation needs to match power demand

High peak load during daytime(Δ ~ 16.000 MW)

Feed-in by windmills mainly duringnight times

Spain: Demand and power generation by windmills on a summer day

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Seite 27Unternehmenspräsentation Solar Millennium AG

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Seite 28Unternehmenspräsentation Solar Millennium AG

Windpower is a fuel-safer but not firmlyavailable during times of system peak

NREL: Wind output on 9/8/04 at the time of the system peak was 60 MW out of 2100 MW of installed capacity (<3%).

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Seite 29Unternehmenspräsentation Solar Millennium AG

Solar Chimey Power Plant

Technologie

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Seite 30Unternehmenspräsentation Solar Millennium AG

Principle function of a Solar Chimney Power Plant

Technologie

Solar Irradiation

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Seite 31Unternehmenspräsentation Solar Millennium AG

Principle of energy storage

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Seite 32Unternehmenspräsentation Solar Millennium AG

The capacity of the thermal storage is adapted to the load profile of the grid

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page 33L. Schnatbaum, Solar Millennium AG, Erlangen

Typical dimensions of a 100MW Solar Chimney Power PlantChimney

- Height: 1000m- Diameter: 130m- Wall thickn. bottom: 1m- Wall thickness top: 0,25m

Collector- Radius: 3500m- Height outer radius: 3,5m- Height inner radius: 35m

Chimney diameter: 130m

Height: 1000m

Collector Radius: 3500m

Yearly power generation:app. 700 GWhel/y

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Seite 34Unternehmenspräsentation Solar Millennium AG

The Highest Buildings in the World

Status 07-04-2008Hight: 629 mPlanned: 818 m

http://www.burjdubai.com

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page 35L. Schnatbaum, Solar Millennium AG, Erlangen

Chimney height: 200 m

Collector-ø: 240 m

7-year testphasesuccessfully completed

Prototype plant at Manzanares, Spain

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page 36L. Schnatbaum, Solar Millennium AG, Erlangen

Advantages of Solar Chimney Power Plants

No cooling water neededBase load plantLow generation costs for clean power Reduction of CO2 and other emissionsCreation of many local jobs

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Seite 37Unternehmenspräsentation Solar Millennium AG

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Seite 38Unternehmenspräsentation Solar Millennium AG

Today 450 MW of CSP power plants are underconstruction

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Seite 39Unternehmenspräsentation Solar Millennium AG

In Spain, the feed-in tariffs initiated planning and construction of more than 2150 MW of new CSP power

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Seite 40Unternehmenspräsentation Solar Millennium AG

Today, about 11GW of new CSP plants are plannedworldwide, most of them waiting for political support

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Seite 41Unternehmenspräsentation Solar Millennium AG

How to implement renewable power generation?

The most effective and efficient means to enhance the utilization of renewable energies are feed-in tariffs,

e.g. like in Germany, Denmark or Spain. In contradiction, quota and trade systems in other countries showed little or no benefit.

Pow

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Seite 42Unternehmenspräsentation Solar Millennium AG

Sites of solar thermal power plants

Sites of other renewable energy power plants

High-voltage-direct-currency (HVDC) transmission lines are necessary for the secure energy supply of Europe

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Seite 43Unternehmenspräsentation Solar Millennium AG

Space required for 10 GW power transmission

AC Alternate CurrentHVDC High Voltage Direct CurrentUHVDC Ultra High Voltage Direct Current Source: DLR; trans-

csp; June 2006

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Seite 44Unternehmenspräsentation Solar Millennium AG

World largest HVDC line under construction in China: Remote hydropower Xiangjiaba - Shanghai

Xiangjiaba Shanghai

Main dataCommissioning year: Pole 1: 2010 Bipole: 2011 Power rating: 6 400 MWNo. of poles: 2 DC voltage: ±800 kV Length of over-head DC line: 2 071 kmLosses: < 7%Main reason for choosing HVDC: Long distance

Source:

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Seite 45Unternehmenspräsentation Solar Millennium AG

Import of solar electricity is worthwhile & possible

In 2050, about 15 % of the European electricity demand can be met by solar imports from the Middle East and North Africa.(Trans-CSP-Study by German Aerospace Center, DLR)

“We must use the chances provided by intelligent solar-politics across the globe, in order to promote economic development in a sustainable manner. This also prevents conflicts over raw materials or water getting out of control in the medium term...”(German Federal Foreign Minister Steinmeier)

In 2050 Concentrating Solar Power Plants in the Mediterranean Region will deliver twice as much electricity per year as wind, PV, biomass and geothermal plants together. (Med-CSP-Study by German Aerospace Center, DLR)

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Seite 46Unternehmenspräsentation Solar Millennium AG

Cost of CSP compared to our economic capacity … an example

In 2002 ExxonMobil and Shell were on rank 4 and 5 of the 10 mostprofitable companies in the world and accountedfor 6.5% of world oilproduction.

What would havehappened, if theiradditional profit since2002 would have beenspent into renewableenergy, e.g. CSP plants?

Corporate Profits Rise with Oil Price

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Seite 47Unternehmenspräsentation Solar Millennium AG

For 170 Billion US$ we can …

Install 56,7 GW of parabolic trough plants …

= 42,9 % of installed power plant capacity in Germany

Generate 141,7 TWh/y renewable power (RE)

= 164% of actually generated RE in Germany

Reduce CO2 emission by 131 Million to/y

= 15.3% of CO2 emissions in Germany

With a GDP of 3,322 Billion US$ in 2007, Germany is the third largest economy in the world. All comparison data for Germany from 2007.

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Seite 48Unternehmenspräsentation Solar Millennium AG

We don‘t need rocket-science with the promise of a bright but distant future

Right now, we need the large scale deployment of available technology to bring down production cost

We need increased R&D efforts to further enhanceefficiency of solar energy conversion and decreaseinstallation cost

We have to start planning high capacity trans-mission lines to allow for on-demand productionand distribution of renewable power.

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Seite 49Unternehmenspräsentation Solar Millennium AG

Welcome to the Solar Millennium!

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Seite 50Unternehmenspräsentation Solar Millennium AG

Contact: Lars Schnatbaum

Adress: Solar Millennium AG

Naegelsbachstr. 40

91052 Erlangen, Germany

Tel.: +49 (9131) 9409-0

Fax: +49 (9131) 9409-111

E-Mail: [email protected]

www.SolarMillennium.de

Any questions ?

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Seite 51Unternehmenspräsentation Solar Millennium AG

ContactContact Person: Dipl.-Ing. Sven Moormann

(Head of Corporate Communications)

Address: Solar Millennium AGNägelsbachstr. 4091052 ErlangenGermanyTel.: +49 9131/9409-0Fax.: +49 9131/9409-111E-Mail: [email protected]/ [email protected]

Disclaimer:The present presentation does not constitute a legally binding offer of participation or for the purchase of shares in the company. It is not to be viewed by the recipient as constituting the subject matter of a contract or as a contractual basis for investment. Only inquiries and assessments carried out by the recipient on his/her own account can form a basis for investment in the company. The presentation has been compiled solely on the basis of the company’s business model and range of services, as well as on market and competitive environment research based on sources available publicly. No guarantee or warranty is provided for the accuracy, precision and completeness or for the interpretation of the data and the commentary, nor is any other form of liability for the content of this presentation acknowledged.Budgeting is based on management assumptions and projections and reflects the market development and market opportunity perspectives at the time of compilation. The nature of the dynamic market environment is such that it is subject to constant changes and can therefore influence this budgeting content. No guarantee is provided for the budgeting feasibility.

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