Sunday, October 17, 2010

Parts list: $100 per square meter

In general, these are retail prices but without taxes or shipping. There are no costs for installation and profit. It's not meant to be perfect. In earlier calculations I've gotten into the $80 per square meter range and I still think that's possible.

My vision is something like an in-lawn sprinkler system. Central control is in the garage, 10-20 mirrors would be a typical residential installation. A home owner could do it themselves, or hire someone local who could install it all in a day or two and make $500 or so. 10-20 square meters of mirror isn't enough to power your house but if the ROI was 5%-10% it would attract some interest. A mid-tier application might be 100 heliostats generating about 10kW at peak, making the owner about $2K/year for a capital investment of $15K-$20K, so 10%+ return. A larger application would be an open source 'power tower' type configuration with thermal storage and power generation from steam turbines.

Note: For the figures above, the value of generated power assumes available solar energy of 1000 watts per square meter, with the conversion to electricity operating at 10% efficiency (100 watts per square meter). It assumes 5 hours a day of sun, 300 days a year, so this really only works for the US Southwest and similar climates. Power is considered to be worth .12/kW-hour -- whether used or sold back to the utility.

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