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Concentrated Solar Power Market Guide
Energy Business Reports, Nov 2011, Pages: 257
Concentrating solar power technologies use mirrors to reflect and concentrate sunlight onto receivers that collect the solar energy and convert it to heat. This thermal energy can then be used to produce electricity via a steam turbine or heat engine driving a generator.
Concentrating solar power technologies can generate electricity at relatively low cost and deliver power during periods of peak demand. In addition, integration with low-cost thermal storage adds significant value to the energy delivered from CSP plants. Many utilities are including concentrating solar power in their power-generation portfolio
2011 has so far resulted in $3.35bn having been announced by the DOE in loan guarantees for 4 different projects. With 1,796MW now in construction and with the support of DOE loan guarantees and more than 10GW in the pipeline, the industry is gaining real momentum. Reducing costs, securing transmission, environmental permits and financing are still enormous roadblocks for full development of the industry in the USA. But there has never been a better time to prove the viability, the potential for the creation of green jobs, and energy independence that CSP brings to the table.
The U.S. Department of Energy is increasing its CSP research, development, and deployment efforts, leveraging both industry partners and the national laboratories. DOE's goals include making CSP competitive in the intermediate power market by 2015, and developing advanced technologies that will reduce systems and storage costs, enabling CSP to be competitive in the baseload power market by 2020.
Following a 20 year hiatus, the first US CSP plant was constructed in Las Vegas in 2006 by Acciona Solar (Now Acciona Energy). The plant was named Nevada Solar I and it is a parabolic trough technology plant with an output of 64MW. Only one project in Florida came to fruition in the years after that, until 2010 when the Martin Next Generation Solar Energy Plant was developed by NextEra in Florida. However, in the last quarter of 2010 two plants of never-seen-before dimensions obtained conditional loan guarantees and are now under construction: The Ivanpah and Solana projects.
This report: Concentrated Solar Power Market Guide is a comprehensive guide that examines the technologies, cost analysis, and opportunities. It presents details of major ongoing projects and profile the major players involved in the industry
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