Despite the stagnation of CSP in Spain market, which owns the biggest capacity of operational CSP commercial projects, it seems that there’s no need for the Spanish and international CSP players to worry much about their CSP business development thanks to the thrilling expansion of emerging markets like China, Saudi Arabia, Morocco and South Africa.
As CSP Focus constantly reports China government is working hard on finalizing the Phase 1 around 1GW CSP pilot projects list and corresponding FiT, which is expected to be announced by late June. And the Phase 1 pilot project is regarded as among the following around 10GW target for CSP in China 13th-Five-Year Plan. At the meantime, Chinese pioneers have already devoted to the construction of commercial CSP projects including CGN Delingha 50MW PT project, SUPCON Phase One 10MW Tower renewal project, Dunhuang SUNCAN 110MW molten salt Tower project (Phase One: 10MW), Dunhuang Dacheng 110MW molten salt Linear project (Phase One: 10MW) etc.
Among Middle East & Africa countries, experts agree that MENA countries each represent different opportunities. Saudi Arabia’s new Vision 2030 Plan sets a target of 9.5 GW renewables by 2023 alongside the roll out of large-scale industrialization projects; Morocco is generally seen as a promising renewable energy market, for its target to achieve 52% of installed renewable energy capacity by 2030, which will largely depend on solar. Currently the country has 350 MW CSP be under construction; South Africa is considered one of the fastest growing CSP markets in the world today with 200MW installed capacity and another 500 MW under construction and development supported by the REIPPPP. As the programs are moving forward, the local firms are expecting a great deal of international participation.
Moreover, High Temperature Applications (HTAs) are widely promoted as a quite promising area for CSP growth in addition to electricity generation in Middle East & Africa region. In such applications, solar fields would be coupled with secondary industries such as enhanced oil recovery (EOR), smelters, mining, cement manufacturing and chemical processing plants. For instance, low oil market returns and higher dependency on gas supplies have led countries such as Oman and Kuwait to pursue CSP EOR projects, such as the giant 1.0 GW MWth Miraah plant being developed by Glasspoint.
At the same time of enjoying vast market potentials of CSP, we should pay much attention on contributing to lowering LCOE so as to make more competitive among conventional and renewable energies. Innovation on technical route, system integration and every detail of the value chain is going on with industry players. To create a platform for industry to gather and share the technology innovations and project updates, CSP Focus will organize CSP Focus Innovation 2016 during June.29-30 in Madrid, Spain. See details on website.
Register CSP Focus Innovation 2016 June.29-30 Madrid will enjoy last chance discount (SAVE USD100) before June.2. Register or download conference materials online please click here to register or write to email@example.com.
CSP Focus upcoming events:
CSP Focus Financing Conference 2016 (China, Sept.)
CSP Focus South Africa 2016 (Johannesburg, Nov.)
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