Operational costs refer to the ongoing expenses for running a CSP system, including maintenance, labor, and utilities necessary to keep the system functional. These costs are crucial for understanding the overall financial performance of a concentrated solar power project, as they can significantly impact profitability and feasibility. By analyzing operational costs alongside capital costs, one can assess the long-term sustainability and efficiency of a solar power installation.
congrats on reading the definition of operational costs. now let's actually learn it.