Documents

US turbine leap boosts prospects for smaller Concentrated Solar Power plants

Tests at the world's highest-temperature sCO2 turbine indicate lower costs and faster ramping will make even smaller Concentrated Solar Power plants competitive, U.S. researchers told New Energy Update. Engineers at General Electric (GE) and the Southwest Research Institute (SWRI) recently completed testing of the world's highest temperature supercritical carbon dioxide [...]

Concentrated Solar Power increasing cumulative global capacity more than 11% to just under 5.5 GW in 2018

An estimated 550 MW of concentrating solar thermal power (CSP) came online in 2018, increasing cumulative global capacity more than 11% to just under 5.5 GW. CSP is also known as solar thermal electricity (STE). This annual increase represents the largest gain since 2014, and it occurred despite delays [...]

Irena: Concentrated Solar Power Costs Fell 46% From 2010–2018

The International Renewable Energy Agency (IRENA) has reported that energy generation and installation costs of concentrated solar power (CSP) projects fell sharply in 2018, down more than 40% from 2010. IRENA analyzed multiple financial and technical parameters related to concentrated solar power projects in its latest report Renewable Power [...]

The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP)

Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the main renewable power technologies. Released ahead of high-profile United Nations energy and climate discussions, Renewable Power Generation [...]

Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic

The analyzed potential to install renewable energy projects is distributed, by technologies, as follows: 81% corresponds to photovoltaic projects, 8.2% to wind power, 6.3% to solar thermal, 3.5% to investments in offshore wind energy and 0.6% in biomass. The Junta de Andalucía, through the Agency of Finance, Industry and Energy, [...]

Concentrated Solar Power Molten Salt Energy Storage

The new Venture Capital (VC) firm Breakthrough Energy Ventures (BEV) only invests in technologies they vet as both “scientifically feasible at scale” and with the potential to reduce “at least half a gigaton of greenhouse gases every year.” Along with Alfa Laval and Concord New Energy Group, BEV has invested [...]

US researchers achieve world’s highest temperature sCO2 turbine

Engineers at General Electric and the Southwest Research Institute (SWRI) have designed, built and tested the world's highest-temperature supercritical carbon dioxide (sCO2) turbine, boosting the prospect of greater CSP plant efficiency, SWRI said in a statement April 8. The new high-temperature supercritical carbon dioxide turbine could achieve 50% thermal efficiency [...]

Dubai Concentrated Solar Power technology inventions accelerate industry cost reductions

Supplier innovations at the 950 MW Noor Energy 1 Concentrated Solar Power project will increase construction and operations efficiency and propel the CSP industry closer to $50/MWh, industry experts told the Mena New Energy 2019 conference. Last month, the Dubai Electricity Water Authority (DEWA), Saudi Arabia's ACWA Power and China's [...]

A Novel Way to Cut Cost in Tower Concentrated Solar Power

The tower form of Concentrated Solar Power (CSP) is very young technology. Less than a gigawatt is deployed globally, making it a nascent technology at the “Cambrian explosion” stage; multiple innovations are still being explored to cut costs. (How tower CSP works) A new economic study looks at reducing [...]

Spain sets out plan to double Concentrated Solar Power capacity by 2025

Spain aims to double Concentrated Solar Power capacity to 4.8 GW by 2025 and reach an installed capacity of 7.3 GW by 2030, according to a new 10 year energy plan set out by the government. Under the plan, which will be reviewed by the European Commission (EC), Spain's installed [...]

Concentrated Solar Power power-heat costs could drop 50% on stable policy support

Industrial power and heat developers are adapting designs to minimize construction costs and shorten payback periods and greater financing support could see costs fall by a half, industry experts told New Energy Update. Falling technology costs and growing carbon reduction objectives have spurred industrial companies to turn towards renewable energy [...]

Concentrated Solar Power (CSP) – from niche to winning technology

Concentrated Solar Power (CSP) plants initially won their place on the market thanks to government subsidies. Current trends reveal, however, that development efforts have meanwhile pushed this technology in combination with photovoltaic (PV) installations to competitive parity with fossil power generation. Global ordered capacity all steam turbine manufactures, Source: [...]

China finish feasibility study of another 3 GW CSP (Concentrated Solar Power) projects

111 CSP (Concentrated Solar Power) projects with total capacity of 9 GW took part in the application of the 1st batch of 1.349 GW China 20 Concentrated Solar Power pilot projects in September 2016. Till now, two and half years have passed, and three of the 1st batch demonstration projects [...]