Concentrating Solar Power (CSP) Systems: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020

Published: March 2014
No. of Pages: 436
    ReportsandReports

WinterGreen Research announces that it has published a new study Concentrated Solar Power (CSP): Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020. The 2014 study has 436 pages, 190 tables and figures. Worldwide markets are poised to achieve significant growth as the Concentrated Solar Power (CSP) integrates molten salt storage technologies and leverages the existing steam electrical power generating capacity.

The concentrated solar power market is set to explode despite environmental objections to the technology. The latest CSP launch, Ivanpah solar electric generating system is an engineering marvel that delivers on the full promise of solar energy. Ivanpah has 347,000 garage door-sized mirrors distributed across 173,500 heliostats. The heliostats track with the sun so that the mirrors can efficiently reflect its rays up to boilers that sit on top of the facility’s three towers. The system uses solar field integration software and a solar receiver steam generator.

Concentrating Solar Power (CSP) solar energy is the most promising and sustainable renewable energy; rolling out CSP systems offers both performance and competitive energy prices. CSP Solar provides a crucial energy solution that is utility scale and works 24 x 7 in combination with back-up stationary fuel cells.

Concentrating solar power is one of several preferred methods of solar electricity production. In most places it has achieved ‘grid-parity’ when considering ROI over 35 years. The mainstream cost of electricity from the grid can be complemented by solar systems. The solar industry in China is funded by the government. This unrelenting investment in energy efficiency has thrust the Chinese companies into the forefront of the industry.

Other countries rely on tax incentives and special tariffs to sustain further investment in solar electricity generation. This has enabled the industry to develop and provides very attractive investment opportunities, and is expected to do so for some time to come.

There is a move in the solar industry to achieve grid-parity. Once this is secure, the solar market can expand very rapidly achieving penetration growth calculations that exceed any growth rate per se. A step-change in system costs is being achieved, putting the industry on the cusp of a major growth spurt. Concentrating solar technology uses traditional electricity steam generators to make power fueled by solar heat.

The decrease in the costs of implementing CSP solar energy will continue. The competitiveness of concentrated solar power (CSP) will increase. Ultimately the ability to run a utility scale system that provides 24 x 7 electricity, is able to store energy and use it during the night when the sum is down provides competitive advantage to the CSP.

Concentrated Solar power markets at $1.3 billion in 2013 are anticipated to reach $53.7 billion by 2020 because the systems are able to be built at utility scale and to provide 24 x 7 solar renewable energy power. Campus stationary fuel cell power is mature and available to act as a backup power source for CSP, creating greater capabilities and a better story for justifying the build out of CSP.

Published By: WinterGreen Research
Product Code: WinterGreen Research1077


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Europe Hydro-pumped Storage Plants Market Report 2016

    Notes: Sales, means the sales volume of Hydro-pumped Storage Plants Revenue, means the sales value of Hydro-pumped Storage Plants This report studies sales (consumption) of Hydro-pumped Storage Plants in Europe market, especially in Germany, UK,...

  • Europe Lead Carbon Battery Market Report 2016

    Notes: Sales, means the sales volume of Lead Carbon Battery Revenue, means the sales value of Lead Carbon Battery This report studies sales (consumption) of Lead Carbon Battery in Europe market, especially in Germany, UK, France, Russia, Italy, ...

  • Global Solid Thin Film Battery Sales Market Report 2016

    Notes: Sales, means the sales volume of Solid Thin Film Battery Revenue, means the sales value of Solid Thin Film Battery This report studies sales (consumption) of Solid Thin Film Battery in Global market, especially in United States, China, Eu...

  • United States, EU, Japan, China, India and Southeast Asia Drilling Waste Management Market Size, Status and Forecast 2021

    Notes: Production, means the output of Drilling Waste Management Revenue, means the sales value of Drilling Waste Management This report studies the global Drilling Waste Management market, analyzes and researches the Drilling Waste Management d...

  • Global Lead Mining Sales Market Report 2016

    Notes: Sales, means the sales volume of Lead Mining Revenue, means the sales value of Lead Mining This report studies sales (consumption) of Lead Mining in Global market, especially in United States, China, Europe, Japan, focuses on top players ...

  • Global LOW-E Glass Solar Cell Sales Market Report 2016

    Notes: Sales, means the sales volume of Aseptic Packaging for the Pharmaceutical Revenue, means the sales value of Aseptic Packaging for the Pharmaceutical This report studies sales (consumption) of LOW-E Glass Solar Cell in Global market, espec...

  • Global Biogas Power Sales Market Report 2016

    Notes: Sales, means the sales volume of Aseptic Packaging for the Pharmaceutical Revenue, means the sales value of Aseptic Packaging for the Pharmaceutical This report studies sales (consumption) of Biogas Power in Global market, especially in U...

  • Europe Rechargeable Battery Market Report 2016

    Notes: Sales, means the sales volume of Rechargeable Battery Revenue, means the sales value of Rechargeable Battery This report studies sales (consumption) of Rechargeable Battery in Europe market, especially in Germany, UK, France, Russia, Ital...

  • Global Biopower Sales Market Report 2016

    Notes: Sales, means the sales volume of Biopower Revenue, means the sales value of Biopower This report studies sales (consumption) of Biopower in Global market, especially in United States, China, Europe, Japan, focuses on top players in these ...

  • Global Boat Accumulator Sales Market Report 2016

    Notes: Sales, means the sales volume of Boat Accumulator Revenue, means the sales value of Boat Accumulator This report studies sales (consumption) of Boat Accumulator in Global market, especially in United States, China, Europe, Japan, focuses ...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: