The current paper investigates the phase change material (PCM) volume fraction (VF) effect on the thermal and
economic behavior of a three-layer thermocline thermal energy storage (TES) tank system which is used in
concentrating solar power (CSP) plants. The one dimensional transient dispersion-concentric (D-C) scheme is
applied to calculate the phase change inside each capsule. Using MATLAB software, the numerical model
equations have been figured out, and the current numerical results have been verified. Four different scenarios
have been created to investigate the effect of PCM-VF on the thermal behavior and economic feasibility of the
TES tank. The results described that the overall efficiency and the cost of capacity for all cases in order from the
case (1) to the case (4) are 80.77%, 64.32%, 73.43%, 85.58%, and $45.37/kWh, $60.49/kWh, $46.28kWh,
$38.58/kWh, respectively. Furthermore, case (4) demonstrates the storage capacity of 149 kWh/m3, which is
7.21%, 19.42%, and 15.78% higher than case (1), (2), and (3), respectively. In the comparative study, the results
showed that case (4), which has higher VF for the bottom PCM layer, indicates that it is the most viable option of
all the studied cases due to its best performance and relatively low cost.