Renewable energies have suffered huge changes in recent years, increasing their competitiveness with fossil fuels in both prices and efficiency.
CSP installations in the United States are forecast to set new records in 2013, with total capacity increasing by a staggering 120%, to 1889.66MW.
A recent CSP Today webinar on the prospects for the concentrated solar thermal power industry in the Middle East and North Africa is now available for viewing.
Concentrating solar power, in which mirrors focus light over a large area into a central generator, has seen costs drop to as little as USD 0.14/kWh.
A new web application collects cost and performance estimates for electric generation, advanced vehicles, and renewable fuel technologies.
The analysis covers solar energy photovoltaics (PV), concentrating solar power (CSP), wind power, hydropower and biomass for power generation.
The biggest challenge for concentrating solar power (CSP) technologies is getting down the cost curve. But as with wind energy and photovoltaic solar energy that went before it, it’s a classic chicken and egg situation.
The US Department of Energy (DoE) has a target for cost of electricity from Concentrating Solar Power of 6c/kWh.
The Gemasolar Concentrated Solar Power facility represented a significant breakthrough in the global solar industry and an important new field of cooperation between Spain and the UAE.
CSP may be deployed along with other renewable technologies such as wind power and solar PV which may contribute to increasing the reliability of supply in the absence of good grid connections.
Incorporation of solar thermal energy storage and/or auxiliary firing has an impact on the value of Concentrated Solar Power generation in electricity markets.
Concentrated solar thermal power (CSP) sits alongside photovoltaic solar energy electricity generation as a commercially available renewable energy technology capable of harnessing the immense solar resource.
CSP Today has just published a comprehensive report entitled “CSP Parabolic Trough Report—Costs and Performance”.