In this paper an innovative small-scale concentrated solar 2 kWe organic Rankine cycle plant coupled with a phase change material storage tank equipped with reversible heat pipes is investigated using a simulation analysis. The plant, intended for residential applications, is going to be built and tested under the European funded H2020 Innova MicroSolar project executed by the consortium of several Universities and industrial organizations, led by Northumbria University. The authors of this work used the design of the integrated system, developed by the consortium, to preliminary estimate the overall performance of the system in order to provide useful information for its forthcoming real operation. In particular, according to the varying ambient conditions, the influence of different operation modes of the prototype plant are evaluated. The dynamic simulation analysis has shown an interesting performance of the system in terms of annual operating hours, power production and conversion efficiencies. More precisely, the organic Rankine cycle unit is able to operate for more than 3100 h/year, achieving the design performance when solar power is sufficiently high, producing about 5100 kWh(e)/year. For the considered operating set-point temperatures of the thermal energy storage, the plant is able to reach high conversion efficiency also when the organic Rankine cycle unit is supplied by discharging the energy stored in the storage tank, for about 800 h/year. Hence, the work has provided some useful insights into the best working conditions of such micro combined heat and power system to be integrated in residential buildings. Moreover, the analysis could serve as a general guide for the design and optimization of the mutual interactions of the different subsystems in small-scale concentrated solar organic Rankine cycle plants.