Month: October 2023

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Multi-objective optimisation of a thermal-storage PV- Concentrated Solar Power -wind energy hybrid power system in three operation modes

The hybrid renewable energy system based on concentrated solar power (CSP) technology has been demonstrated as a promising approach to utilise renewable energy. To combine the configuration and operation with practical application scenarios, this study investigates three different operation modes of the hybrid system which consists of one or more components of a CSP power …

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Concentrated Solar Power investment – now – could shave billions off energy transition bill

Australia could shave as much as $10 billion off the cost of the transition to a renewable grid by investing, now, in the development of very long duration energy storage technologies like concentrated solar thermal, a new report has claimed. The report, The Australian Concentrating Solar Thermal Value Proposition, argues that if decisions about the …

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Breakthrough Solar Thermal Research Uses Ceramic Particles to Store Concentrated Solar Power

Australia, despite its abundant solar energy resources, still heavily relies on fossil fuels for its electricity grid. However, a breakthrough in concentrated solar thermal (CST) research using ceramic particles could revolutionize renewable energy storage. The technology involves using mirrors to concentrate sunlight, converting it to heat, which can then be stored or used to generate …

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Australian Solar Thermal Research Institute says concentrated solar power could net Australians $10b by 2050

New research suggests Australians could pocket $10 billion in savings by 2050 if governments begin installing a niche form of solar power storage in the country’s major electricity networks. That figure — produced by Fichtner and ITP Renewables on behalf of the Australian Solar Thermal Research Institute — would amount to savings of about $40 …

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Concentrated solar power increases industrial steam market share

A worldwide survey of project developers shows an extremely positive trend for the next few years. 62 plants with 331 MW are being planned – half of them in Europe. The Solar Industrial Heat Outlook 2023-2026 presents the results of the survey in a series of infographics. The Middle East and Southern Europe will be …

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Published at Solar Energy – The cost-saving potential of next-generation particle technology CSP with steam cycles

Abstract: The cost-saving potential of next-generation concentrating solar power plants based on particle technology with steam cycles is assessed. Techno-economic models were created to optimize three systems with different steam cycles, ranging from state of the art to future development, for levelized cost of electricity and to compare them to a state-of-the-art molten salt tower …

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