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Falling PV costs may have curbed Concentrated Solar Power growth, but they are also accelerating hybrid CSP-PV deployment. In Spain, CSP operators are designing new storage systems that can be retrofit to existing plants to provide dispatchable power at night. As PV and wind capacity grows, the value of storable power will rise. Spain’s Abengoa …
Continue reading “Abengoa to install first retrofit Concentrated Solar Power storage pilot”
Falling PV costs may have curbed CSP growth, but they are also accelerating hybrid CSP-PV deployment. In Spain, CSP operators are designing new storage systems that can be retrofit to existing plants to provide dispatchable power at night. As PV and wind capacity grows, the value of storable power will rise. Spain’s Abengoa is looking …
Continue reading “Abengoa to install first retrofit CSP storage pilot”
Average CSP prices to fall by a half as Chile, Dubai projects near completion The global average cost of new CSP projects is set to plummet in 2020 and 2021, based on auction and power purchase agreement (PPA) data, the International Renewable Energy Agency (IRENA) said in its latest annual Renewable Power Generation Cost report. …
Continue reading “Global CSP costs dive as learnings kick in; Cost of capital key driver”
Channels: CSP ES CSP Tags: csp solar thermal concentrated solar power solar power solar energy Event URL: https://events.newenergyupdate.com/csp/ Event Location: Virtual Event Number of attendees: 300 Event Organiser: Rhys Watt Event Organiser E-mail: rwatt@newenergyupdate.com Précis: Design, Develop, Deploy + Operate Dispatchable Solar Electricity and Heat Event Date: Monday, December 7, 2020 to Tuesday, December 8, …
Continue reading “CSP Madrid (a part of MENA New Energy 2020 Virtual)”
Wind energy represented 21.9% of the electricity demand in Spain in May, concentrated solar power 3.3% and photovoltaic energy 9, 3%. 52.5% of the monthly generation was from renewable sources and 70.8% were produced from technologies that do not emit CO2 equivalent. The demand for electrical energy decreased in the Balearic Islands by 31.3% and …
Continue reading “Demand for electrical energy in Spain falls 13.1% in May”
Renewable electricity costs have fallen sharply over the past decade, driven by improving technologies, economies of scale, increasingly competitive supply chains and growing developer experience. Since 2010, utility-scale solar PV power has shown the sharpest cost decline at 82%, followed by concentrating solar power (CSP) at 47%, onshore wind at 39% and offshore wind at …
Continue reading “Irena: Concentrated Solar Power costs have fallen by 47%”
IMAGE@Hiroyuki Kimura, IHI Corporation Heat & Fluid Dynamics Research Department Two teams of solar researchers have developed a novel solar reactor and thermochemical process for making solar hydrogen that can generate in addition carbon black and graphite as well as carbon nanotubes. Working over a six-year period, the teams first developed the specific solar reactor, …
Continue reading “Making Solar Hydrogen with a Side of Carbon Nanotubes”
Among other results, the study carried out by researchers at the Center for Solar Energy Technologies of Fraunhofer Chile, shows that the optimal location to install a Concentrated Solar Power tower plant, due to costs and solar potential, is near the city. de Copiapó, with a LCOE -level energy cost- of 77 USD / MWh …
View Full Statement in PDF In early 2020, the proposal of the European Commission to launch a “Green Deal” set an ambitious double objective for the sake of European citizens’ wealth and health : increasing the European contribution to fight climate change while boosting the European economy. Within a few months, the COVID-19 crisis added a …
Continue reading “FROM GREEN DEAL TO GREEN RECOVERY: A joint initiative of the EU solar industry”
ESTELA welcomes and supports the endeavour of the European Commission bringing together the Green Deal and the Recovery Plan. This initiative of the Commission constitutes a strong action framework impacting the depth and pace of the decarbonisation of the electricity, industry, and transport sectors. The European Solar Industry is ready to support it towards the …