New Report Finds Thermal Energy Storage Could Add Value To Solar Energy

A new report from NREL, the National Renewable Energy Laboratory, could help spur the development of more utility scale concentrating solar power plants with thermal energy storage features while boosting the market for solar cells, too. The report indicates that CSP/energy storage projects could add value to utility scale solar energy in California, and they would enable more solar cell development by creating additional grid flexibility.

California’s ambitious renewable energy goal for 2020 also plays a key role, so keep in mind that the NREL added-value findings for thermal energy storage are transferable to only to other states with similar aspirations.

 

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