Techno-Economic Analysis of Solar Thermal Power Plants in Oman

This report provides a techno-economic analysis of solar thermal power plants in Oman, focusing on the potential of grid-connected photovoltaic (GCPV) systems to meet the country's growing energy demands. The study examines a 500KW GCPV plant using real-time data and numerical simulations to evaluate the parameters of concentrated solar photovoltaic (CSPV) technology. It highlights the advantages and disadvantages of different solar technologies, the need for solar energy in Oman, and the economic viability of solar power plants, utilizing HOMER software to estimate annual accuracy, capacity factor, and installation costs. The research concludes that investing in PV technology is promising for Oman's future energy sector, with the potential to produce significant annual energy and reduce reliance on natural gas.