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D-42 SL-5641 Final To achieve the SunLab projected replacement rates the reliability of the HCE will have to significantly improve. Figure D-6 compares the O&M costs and illustrates the impact of the HCE replacement rate. The O&M costs without thermal storage is included for informational purposes. 0.038 0.033 0.028 0.023 0.018 0.013 0.008 2004 HCE Replacement Rate Figure D-6 — Levelized O&M Cost Comparison No thermal storage 12 hours thermal storage SunLab 2004 2.0% 2007 1.0% 2010 0.5% 2015 0.5% S&L 5.5% 4.0% 2.5% 1.0% No Storage 2006 2008 SunLab Projection 2010 2012 2014 2016 Year S&L - Based on S&L HCE Replacement 2018 2020 The reduction in O&M cost is primarily a result of the increase in plant size and the increase in annual plant capacity factor. The plant capacity increases directly as a result of the increases in thermal storage. Increasing the size (MWe) and capacity factor of the power plant incurs minimal increase in the fixed O&M expenses ($/year). D.11 LEVELIZED ENERGY COSTS Figure D-7 illustrates the SunLab projected levelized energy cost ($/kWhe) compared to the S&L values. The figure also shows the levelized energy cost based on achieving the annual net efficiencies projected by SunLab. S&L - Based on SunLab HCE Replacement O&M Cost, $/kWePDF Image | Assessment of Parabolic Trough and Power Tower Solar Technology Cost and Performance Forecasts
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