Cost-effectiveness of solar thermal and electrical energy production

Abstract
Solar electricity and also solar thermal energy at moderate temperatures, typically 80 to 90°C, can be used for operating systems to provide cooling and water desalination. We analyze the techno-economic viability of converting solar energy to thermal or electrical form. The analysis shows that, when compared with the conventional process of electricity production, the conversion of solar energy to electrical form is highly uneconomical. On the other hand, conversion of solar energy to thermal form can compete with oil based thermal energy production.

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