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The latest developments in solar technologies demonstrated that the solar central receiver configuration is the most promising application among concentrated solar power (CSP) plants. In CSPs solar-heated air can be used as the working fluid in a Brayton thermal cycle and as the heat transfer fluid for a Rankine thermal cycle as an alternative to more traditional working fluids thereby reducing maintenance operations and providing the power section with a higher degree of flexibility To supply thermal needs when the solar source is unavailable, an auxiliary burner is requested. This configuration is adopted in the Julich CSP (J-CSP) plant, operating in Germany and characterized by a nominal power of 1.5 MW, the heat transfer fluid (HTF) is air which is heated in the solar tower and used to produce steam for the bottoming Rankine cycle. In this paper, the J-CSP plant with thermal energy storage has been compared with a hybrid CSP plant (H-CSP) using air as the working fluid. Thermodynamic and economic performances of all the simulated plants have been evaluated by applying both exergy analysis and thermoeconomic analysis (TA) to determine the yearly average operation at nominal conditions. The exergy destructions and structure as well as the exergoeconomic costs of products have been derived for all the components of the plants. Based on the obtained results, the thermoeconomic design evaluation and optimization of the plants has been performed, allowing for improvement of the thermodynamic and economic efficiency of the systems as well as decreasing the exergy and exergoeconomic cost of their products. [ABSTRACT FROM AUTHOR]