Concentrated Solar Power plants (CSP) provide several advantages to other energy conversion concepts. However, they are still not competitive in price, compared to conventional power plants. But there is still potential to reduce the cost. The higher heat conductivity of liquid metals leads to very high heat transfer coefficients - ten times higher as with molten salts. This big advantage could increase the efficiency and lower the cost of CSP plants. In order to optimize such a power plant regarding efficiency and cost, detailed information of each component of the system is necessary. This paper shows several system concepts in which liquid metals can be used as heat transfer fluid. In addition, several liquid metal pump types are investigated as well as thermal energy storage concepts. With the assumptions and boundary conditions taken in this model, direct thermal energy storage with liquid metal is prohibitive. But some innovative indirect storage systems with liquid metals show costs in the same range as with a 2-Tank molten salt storage. (C) 2015 The Authors. Published by Elsevier Ltd.