cost

As Concentrated Solar Power bids fall to record lows, prices seen diverging between different regions

As CSP bids keep falling, there will likely be a growing price divergence between projects in countries such as Chile and the UAE at the lower end of the scale, and the likes of the United States at the other end. Auction results suggest CSP will generate power at a [...]

2018-02-20T17:32:30+00:0020-02-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

Competition with PV and wind energy sees Concentrated Solar Power bids fall as low as $50/MWh

The tender process favored by the likes of Chile and Dubai has done more than anything else to drive CSP prices to record lows, according to Ranjan Moulik, head of renewables at investment bank Natixis CIB. Moulik has specialized in renewables since 2003. Speaking at CSP Seville, he cited Brazil [...]

Price of Concentrated Solar Power to drop to $60/MWh by 2020, IRENA predicts

Auction results suggest that CSP will provide electricity for between $60/MWh and $100/MWh by 2020, according to the International Renewable Energy Agency’s annual report on renewable power costs. According to the report, CSP enjoys a higher learning rate – the percentage cost reduction experienced for every doubling of cumulative installed [...]

2018-01-22T16:45:59+00:0022-01-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , , |

Tenders are a force in driving down Concentrated Solar Power prices

The tender process favored by the likes of Chile and Dubai has done more than anything else to drive CSP prices to record lows, according to Ranjan Moulik, head of renewables at investment bank Natixis CIB. Moulik has specialized in renewables since 2003. Speaking at CSP Seville, he cited [...]

2018-01-22T16:38:30+00:0022-01-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

Concentrated Solar Power (CSP) costs continue to fall: IRENA

For new projects commissioned in 2017, electricity costs from renewable power generation have continued to fall significantly compared to the fossil fuels, according to a new report from the International Renewable Energy Agency (IRENA). For new projects commissioned in 2017, electricity costs from renewable power generation have continued to fall [...]

TuNur Applied to Export Concentrated Solar Power to EU at 8.73 Cents

TuNur, a small company based in the UK, has applied to the Tunisian Government to begin construction of a 4.5GW concentrated solar power (CSP) project in the Sahara Desert. According to Power Technology, TuNur applied to the Tunisian Government to begin construction of a 4.5GW concentrated solar power (CSP) project [...]

LCOE of $50/MWh can be achieved next year in the Concentrated Solar Power

The benchmark levelized cost of electricity (LCOE) for global CSP projects will fall below $50/MWh in 2018, two of the industry’s leading consultants predicted at CSP Seville 2017. ACWA's 700 MW Dubai Project, which combines tower and trough technologies, will deliver $73/MWh LCOE from direct normal irradiance (DNI) of about [...]

Path to Competitive Concentrated Solar Power (CSP)

Researchers at national labs and companies are exploring ways to make concentrated solar power more efficient and affordable, all of which require turning up the heat. A 200-foot tower stands centered in front of a field of rotating mirrors on the southern edge of Albuquerque, New Mexico. It’s the [...]

All MENA Concentrated Solar Power Now 7 Cents or Under

ACWA Power’s latest record-low contract signed with DEWA at just over 7 cents per kWh is no outlier, according to CEO Paddy Padmanathan. CSP is a thermal form of solar that typically includes thermal storage in a power block so that it can generate power at any time, not [...]

Concentrated Solar Power heliostat innovations set to deliver big cost reductions

Concentrated solar power is still in an early-enough stage of maturity that even small breakthroughs in the design and operation of heliostats can slash associated electricity costs. Heliostats typically account for one-third to one-half of the initial capital cost of a new CSP field. Therefore, it is no surprise [...]

SolarReserve Bids Concentrated Solar Power Under 5 Cents in Chilean Auction

SolarReserve this month issued bids in Chile’s latest auction for 24-hour solar under 5 cents per kWh, according to CEO Kevin Smith in a release posted on twitter, Saturday. Irradiation levels in the Atacama Desert in northern Chile are “off the charts,” Smith added. “That obviously helps.” SolarReserve is [...]

SolarReserve realise 6 Cents Concentrated Solar Power

According to Kevin Smith, the CEO of California-based SolarReserve; the company that is first to sell CSP at 6 cents/kWh, the record-low CSP price was largely due to their receiver and heliostat research. The 150 MW Aurora CSP project will sell power day or night to the South Australian Government [...]