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Jordan's Future Energy - Greenpeace

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Accordingly, it can be concluded that:<br />

• Not only is PV at parity with the grid today (i.e. lower than what<br />

consumers pay and lower than the current cost of product), and at 0.08<br />

JD/kWh ($0.12/kWh), but it is also close to what was the blended cost of<br />

electricity in 2010.<br />

• Government regulations for net metering, while helpful, do not take<br />

into consideration nor incentivise consumers who have low (subsidised)<br />

tariffs.<br />

• By 2020, utility scale PV is expected to be at parity with the pre-2010<br />

cost of generation of $0.12/kWh. PV is not suitable to satisfy base load<br />

capacity, yet can be an energy efficiency solution until such time as storage<br />

solutions become cost effective.<br />

• Utility scale PV is already at parity with internationally priced LNG, and<br />

within close range of $0.08 /kWh power produced based on Risheh’s<br />

natural gas (estimated price at $10/MMBtu) by 2018.<br />

• Up until 2030, PV LCOE may be lower than natural gas depending on<br />

the final price of LNG or Al Risheh natural gas.<br />

Concentrated Solar Power Economics and Costs<br />

Concentrated solar power’s (CSP) utilisation as a technology remains<br />

modest at 3GW installed capacity in comparison to PV installed capacity of<br />

67GW of installed capacity globally as of 2011.<br />

While the cost of CSP is generally higher than PV, the advantage of CSP<br />

plants is two-fold: storage and stability. CSP plants can provide thermal<br />

storage capacity to allow for 24 hour operation, utilising fuel as back up if<br />

necessary. In addition, due to the thermal inertia in the plants, intermittency<br />

as a result of a sudden drop in Direct Normal Incidence (DNI) does not<br />

necessarily affect output and grid stability to the same extent as PV.<br />

10

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