Cutting costs is vital to increase market share in South Africa's energy mix

Concentrated solar power (CSP) is the only renewable technology that can dispatch electricity during day and night at a utility scale size. In order to achieve similar allocations to photovoltaic (PV) or wind, CSP has to lower its costs.


CSP is a less mature technology compared to other renewable energies but it is able to dispatch electricity adapting to the demand curve. Right now, no other renewable energy can improve energy efficiency by meeting demand during peak times and stabilise the grid at a utility scale as CSP can. In a country like South Africa with five hour peak times, has been highlighted by analysts as the perfect technology solution.

However, costs per kW/h are still higher in CSP than PV or Wind. In the last round of the REIPPPP, CSP costs average R 1.65/kWh, compared to Wind R 0.66/kWh and PV R 0.88/kWh. Although the gap is still significant, CSP costs have decreased by R 2.69/kWh since the first round two years ago.

"CSP is a less mature technology compared to Wind or PV, but once all the upcoming large scale projects prove their performance, we'll see how risk perception drops, encouraging development banking institutions and commercial banks to invest in CSP projects and hence more projects will be in the pipeline", explained Brandon Pramo, Research & Project Manager at CSP Today.

Leading South African institutions such as Stellenbosch University, SANEDI, DLR and CSIR will be joined at CSP Today South Africa 2014 (8th – 9th April, Cape Town) by developers Abengoa, ACWA Power or SolarReserve who are all active in multiple markets, to overcome key technological and development challenges to achieve cost reductions in the technology.

For more information about CSP Today South Africa 2014 visit the website: http://goo.gl/GVd0Uk
Or contact Brandon Pramo by email: brandon@csptoday.com

Featured Product

Joyce Dayton Corp - Solar Tracking Jacks Solutions

Joyce Dayton Corp - Solar Tracking Jacks Solutions

Joyce/Dayton, North America's premier manufacturer of screw jacks and actuators has been in continuous operation for over 140 years. Joyce has become the trusted name in solar tracking with more than 2 gigawatts of power generation equipment in service world-wide. Consider the benefits: • Reliably position 50 tons (or more) • Long life/Low maintenance design • Motorized to meet customer specifications • Customer specified load/speed/fit • Built to ISO9001:2008 standards • Superior surface protection • Integral Trunnion mount • Easy to install. Joyce delivers more than the finished product. Quality is built into the whole process from expert engineering support during design conception to top-notch customer support after shipment. Contact Joyce for the products and support you need.