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 [...]
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 [...]
Michael Taylor Senior Analyst, Renewable Cost Status and Outlook at IRENA Interview by Carlos Márquez Q. I’m sure that you have seen in the news that the lowest bid for the 200 MW CSP plant in Dubai came at 9.45 US cents per kWh. Is this [...]
Concentrated Solar Power (CSP) generation costs could drop to $77/MWh by 2025 but storage and hybrid solar plants can provide further value by following load, Jose Alfonso Nebrera, Director of Spanish engineering firm ACS SCE, said at the MENASOL 2016 conference on May 26. Global renewable energy expansion is reducing [...]
Irena said that CSP costs could fall to between 8 US cents per kilowatt hour (kWh) and 12 cents per kWh depending on the location and solar resource quality. Regionally, the lowest cost was in Morocco at around 15 cents per kWh. The outlook is particularly positive, according to IRENA, [...]
The research: outlines the maximum technical potential for solar photovoltaic (PV), concentrated solar power (CSP), wind power and bioenergy output in all continental African countries.
Large CSP plants can be equipped with a heat storage system to allow for heat supply or electricity generation at night or when the sky is cloudy.
Representatives from over 90 countries gathered in the United Arab Emirates on 24 and 25 June to outline a path for the months and years ahead to drive widespread, rapid scale-up of renewable energy.
Shams 1 Concentrating Solar Power features a dry-cooling system that significantly reduces water consumption - a critical advantage in the arid desert.
The International Renewable Energy Agency (IRENA) has welcomed the activation of the world’s largest operational Concentrating Solar Power (CSP) facility to date.
This Global Atlas is the largest initiative of its kind to date, and is intended to help countries and corporations to determine the potential for renewable resources worldwide.
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.
Saudi Arabia announced an ambitious target of 41GW solar capacity by 2030, with a technology split of 25GW concentrated solar power (CSP) and 16GW photovoltaics.