cost

How Risk Mitigation Finance Can Cut Concentrated Solar Power Costs

Cutting risk in financing will be the next key to further cut Concentrated Solar Power (CSP) costs, according to the author of Non-recourse project financing for concentrated solar thermal power  published in the journal Utilities Policy. Dr. Steven Geroe teaches Energy and Environmental Law and Contract Law at Melbourne’s [...]

2019-09-11T07:56:44+00:0011-09-2019|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , |

Centrifugal Concentrated Solar Power could offer siting breakthroughs, $60/MWh power

A new ceramic particle Concentrated Solar Power receiver soon to be tested in the U.S. could lower the cost of energy by up to 20% and accelerate industrial heat deployment through particle transport innovations, Reiner Buck, Head of Solar Tower Systems at German Aerospace Centre (DLR), told New Energy Update. [...]

Cost reduction in concentrated solar power plants by implementing supercritical cycles of carbon dioxide

One of Abengoa’s main objectives is to increase the competitiveness of renewable energies, especially of concentrated solar thermal technology. The Scarabeus project, funded by the European Commission, seeks to achieve this goal by introducing novel supercritical CO2 cycles in solar thermal plants. Today, efficiency values have already been reached [...]

2019-07-29T20:27:54+00:0026-07-2019|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

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 [...]

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 [...]

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: [...]

IRENA: Middle East Voncentrated Solar Power cost reductions require creative financing

Developers of large-scale renewable energy projects in the Gulf Cooperation Council (GCC) must use innovative financing structures to minimize costs amid a growing demand for funding, the International Renewable Energy Agency (IRENA) said in a report on the Middle East region, published January 15. The GCC members are Saudi Arabia, [...]

SolarReserve eyes 40% drop in heliostat costs within three years

New heliostat designs that combine greater automation with manufacturing and installation efficiencies could be commercially available within three years, David Haas, Director of Heliostat Development at SolarReserve and Principal Investigator on the group’s HelioSR3 research project, told New Energy Update. In October, the U.S. Department of Energy (DOE) awarded SolarReserve [...]

IRENA estimates that by 2025 the cost of electricity could fall by at least 37 % from concentrated solar power

IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly [...]

Concentrated Solar Power learnings report targets lower cost of finance

U.S. researchers are seeking data from over half of global CSP projects to help lower financing costs that are hampering competitiveness, Mark Mehos, Program Manager, CSP at the National Renewable Energy Laboratory (NREL), told New Energy Update. The U.S. National Renewable Energy Laboratory (NREL) launched October 1 a global study [...]

2018-10-31T15:14:19+00:0031-10-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

Sandia will compete to build a high temperature concentrated solar power pilot plant

Sandia National Laboratories will receive $10.5 million from the Department of Energy to research and design a cheaper and more efficient solar energy system. The work focuses on refining a specific type of utility-scale solar energy technology that uses mirrors to reflect and concentrate sunlight onto a receiver on [...]