USA and Spain Crucial for the Developments of the CSP Industry

According to The Global Concentrated Solar Power Industry Report currently, there are 679 MW of installed CSP capacity worldwide and more than 2000 MW under construction.

The USA is the market leader in terms of installed capacity with 63% market share, followed by Spain with 32% of operating capacity.


These two markets will continue to be crucial for the development of the industry into the next decade, with Spain accounting for the largest share of projects under construction with almost 89%. In terms of the technology employed, the market is dominated by Parabolic Trough technology, which accounts for 88% of operating plants and 97.5% of projects under construction.

The solar field represents the largest share of the cost of any CSP plant. Depending on the technology this cost could vary from around 43% for Tower and Fresnel technology, to almost 60% for Parabolic Trough and Dish Stirling CSP plants. The most significant cost reductions are likely to come about by innovations in solar field design, which could bring down the levelized cost of energy (LCOE) by 15 to 28% depending on the technology.

However, experience in Spain has shown that seasonal variations in solar resources have an effect on the number of hours a CSP plant operates, reducing operating time by almost two hours in winter. This problem can be mitigated by using thermal storage technologies, which would allow CSP to generate electricity during cloudy periods and through the night.

The Global Concentrated Solar Power Industry report is an invaluable asset for anyone in the Concentrated Solar Power (CSP) industry and offers an impartial and in-depth assessment of CSP technology including essential cost and performance data on the four main CSP technologies: Parabolic Trough, Power Tower, Fresnel and Dish Stirling, industries and markets.

This unbiased report combines the very latest market data and high-level analysis with captivating real life case studies of up and running CSP plants and is a result of in depth analysis and data collected from over 130 industry players who participated in the first CSP industry focused survey.

This independent report is written by CSP Today and experienced CSP industry consultants Altran Technologies. To download the reports free selected findings please visit: http://www.csptoday.com/cspmarkets/report-summary.shtml

Featured Product

sonnenBatterie eco

sonnenBatterie eco

The sonnenBatterie eco is a fully-integrated, all-in-one residential energy storage solution that utilizes intelligent energy management software and lithium-ion batteries to turn houses into smart energy homes. The system is available in a variety of storage capacities and configurations, allowing for extensibility and expansion and integrates with new and existing PV systems. The sonnenBatterie eco allows customers to save money every single day by storing excess energy generated by solar PV systems and using the stored energy from the battery to power homes when the utility rates are more expensive or when the grid is out of service in addition to enabling customers to go off-grid.