Case Study of a Californian Brewery to Potentially Use Concentrating Solar Power for Renewable Heat Generation
Abstract
With the increasing relevance and acceptance of solar thermal for industrial process heat (IPH), a case study for a proposed concentrating solar power (CSP) integration into an existing Californian brewery is highlighted. The thermal generation from a 1 MWth solar field was modelled in the System Advisor Model (SAM), and the economics considered the viability of the project where different variables such as the installed solar field cost were investigated on metrics such as Net Present Value (NPV) and payback period. For the Base Case, without the 30% Investment Tax Credit (ITC), and using a 2017 Federal income tax rate of 35%, the project’s NPV reached $0 (i.e., the project becomes viable), when the installed solar field cost reached $158/m2. With the 30% ITC and 35% tax, the solar field installed cost is estimated at $324/m2 to obtain an NPV = $0. The biggest influences on project viability measured by NPV were the project life, Federal tax rate, and the solar field cost.