CSP provides electricity to the grid in a far more stable way than other technologies can, but due to its scalability it can also provide important cost-effective industrial solutions.
Small scale modular CSP plants can offer market solutions in industrial applications and grid-limited markets. Modular plants can provide multiple benefits as they can be built in phases, the installation costs are lower as no construction is involved and standardization can reduce the technology risk.
Large tower plants with molten salts work at higher temperatures, 565ş, translating into greater efficiency of the plant. Large tower projects also remove kilometres of oil pipeline, reducing heat loss and keeping maintenance costs down.
"As the CSP technology develops in multiple markets and these large scale projects prove their performance, we'll see a big reduction in costs due to economies of scale. This will encourage governments and banks to invest in CSP projects worldwide", explained Brandon Páramo, Project Manager at CSP Today.
At CSP Today Enhance Plant Engineering (12-13 November, Sevilla), SolarReserve, Torresol and other leading companies such as Acciona and ACS Cobra will be discussing on how to achieve substantial cost reduction by increasing the size of a plant.
To learn more about CSP Today Enhanced Plant Engineering 2013 visit: http://www.csptoday.com/engineering/conference-event-brochure.php
About CSP Today
CSP Today is the reference point for CSP professionals and a cornerstone for communications within the industry. We provide business intelligence to the industry with focused news, events, reports, updates and information for the Concentrated Solar Thermal Power industry in markets such as India, South Africa, Spain, USA, Chile and the MENA region.