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Due to limited fossil fuel resources, a growing increase in energy demand and the need to maintain positive environmental effects, concentrating solar power (CSP) plant as a promising technology has driven the world to find new sustainable and competitive methods for energy production. The scheduling capability of a CSP plant equipped with thermal energy storage (TES) surpasses a photovoltaic (PV) unit and augments the sustainability of energy system performance. However, restricting CSP plant application compared to a PV plant due to its high investment is a challenging issue. This paper presents a model to assemble a combined heat and power (CHP) with a CSP plant for enhancing heat utilization and reduce the overall cost of the plant, thus, the CSP benefits proved by researches can be implemented more economically. Moreover, the compressed air energy storage (CAES) is used with a CSP-TES …