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The purpose of this study is to determine an optimum design for a projected parabolic trough solar power plant (PTSPP) under Algerian climate through different funding scenarios. In this paper, seven different (d1–d7) designs for PTSPP have been developed for the Naâma site. Plant size, technology type, storage capacity, location of the plant, Operation & Maintenance (O&M) costs, replacement costs, fuel consumption, net CO 2 emission, levelized electricity cost, net power generation, specific investment costs and discount rate are the basis factors to determine the optimum sustainable design for PTSPP. The most attractive designs of each base technology were selected as D1, D2 and D3. The preferable design of three funding scenarios was finally selected on economic, financial and sensitivity analysis. It is finally concluded that, under the most favorable economic conditions allowed in this study, design D3 is the most advantageous in terms of benefit to cost ratio: its power output will be 100 MW el with 8 full load hours thermal energy storage. It was also found that for design D3 under funding scenario S2, the project will require an upfront grant of 396 MEUR. This corresponds to around 56% of the total investment cost and the payback period will be approximately 7 years. [ABSTRACT FROM AUTHOR]

• Energy management strategy is proposed for a hybrid pumped hydro-battery storage. • Optimal system sizing and sensitivity analysis are carried out. • Hybrid storage has electricity cost 3.5 times lower compared to single storage. • Hybrid storage reduces curtailment by 290% compared to single storage. • Hybrid storage has smaller upper reservoir hence greater applicability potential. The development of energy storage systems paves the way towards a high integration of renewable energy sources in the electricity generation sector. Considering above, this paper introduces a new energy management strategy to efficiently coordinate a hybrid energy storage system based on pumped hydro storage (long term bulk storage) with batteries (short term, more flexible). For the purpose of this analysis, hourly time series of irradiation, wind speed, temperature and real measured load (characteristic for farmstead) covering one year were gathered for the selected site in Algeria. The optimal size of the system is determined based on a multi-objective optimization using a grey wolf optimizer implemented in MATLAB software. The results indicate that the hybrid storage system enables achieving higher reliability at lower cost in comparison to a system with single storage technology. The use of hybrid storage also reduces the curtailment of renewable generation. Further findings reveal that the cost of an optimal energy supply system with 97.5% reliability is 0.162 €/kWh, 0.207 €/kWh and 1.462 €/kWh for hybrid storage, battery and pumped storage, respectively. However, sensitivity analysis shows that the optimal hybrid storage configuration is less resilient when changes in irradiation/temperature/load are considered. This indicates that special actions (upscale of installed power) must be undertaken to avoid lower performance of hybrid storage systems. In summary, the hybrid storage system seems to be better sized for consideration in optimized solar/wind conditions, but by avoiding oversizing they are less resilient to future potential changes in renewable energy availability. [ABSTRACT FROM AUTHOR]