NewEnergyNews: TODAY’S STUDY: A LOOK AT THE FUTURE OF CONCENTRATING SOLAR POWER PLANTS

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Aussie Farmers Worrying About Climate Change
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 1
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 2
  • FRIDAY WORLD HEADLINE-New Energy And Historic Buildings In Europe
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, December 1:

  • TTTA Thursday-First Daughter Ivanka May Fight For Climate
  • TTTA Thursday-Low Profile High Power Ocean Wind Energy
  • TTTA Thursday-A Visionary Solar Power Plant
  • TTTA Thursday-EVs Have A Growth Path
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: How The Clean Power Plan Drove The Utility Power Mix Transition
  • ORIGINAL REPORTING: How Utilities Are Answering The Distributed Energy Resources Challenge
  • ORIGINAL REPORTING: Looking At New Rates To Unlock The Utility Of The Future
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The Power Potential Of Personal Wind
  • QUICK NEWS, November 29: Climate Change Forces Hard Choices In Alaska; New Energy To Utilities-“Can’t-Beat-Us-So-Join-Us”; Fact-Checking Trump Hot Air On Wind
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Getting More New Energy On The Grid
  • QUICK NEWS, November 28, 2016: Pope Talks Climate Change At Trump; Solar Comes To The Mall; The Big Possibilities Of Backyard Wind
  • THE LAST DAY UP HERE

  • Weekend Video: Why President Trump Can’t Stop New Energy
  • Weekend Video: 7 Things Climate Change Will Mean
  • Weekend Video: Wireless EV Charging Stations
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, December 3-4:

  • Trump Truth And Climate Change
  • The Daily Show Talks Pipeline Politics
  • Beyond Polar Bears – The Real Science Of Climate Change

    Monday, October 13, 2014

    TODAY’S STUDY: A LOOK AT THE FUTURE OF CONCENTRATING SOLAR POWER PLANTS

    Technology Roadmap, 2014: Solar Thermal Electricity

    September 2014 (International Energy Agency)

    Key Findings and Actions

    z Since 2010, generation of solar thermal electricity (STE) from concentrating solar power (CSP) plants has grown strongly worldwide, though more slowly than expected in the first IEA CSP roadmap (IEA, 2010). The first commercial plants were deployed in California in the 1980s. A resurgence of solar power in Spain was limited to 2.3 gigawatts (GW) by the government in the context of the financial and economic crisis. Deployment in the United States was slow until 2013 because of long lead times and competition from cheap unconventional gas and from photovoltaic (PV) energy, whose costs decreased rapidly.1 Deployment in other places took off only recently.

    z Global deployment of STE, about 4 GW at the time of publication, pales in comparison with PV (150 GW). Costs of CSP plants have dropped but less than those of PV. However, new CSP components and systems are coming to commercial maturity, holding the promise of increased efficiency, declining costs and higher value through increased dispatchability. New markets are emerging on most continents where the sun is strong and skies clear enough, including the Americas, Australia, the People's Republic of China, India, the Middle East, North Africa and South Africa.

    z This roadmap envisions STE’s share of global electricity to reach 11% by 2050 – almost unchanged from the goal in the 2010 roadmap. This shows that the goal for PV in the companion roadmap (IEA, 2014a) is not increased at the detriment of STE in the long term. Adding STE to PV, solar power could provide up to 27% of global electricity by 2050, and become the leading source of electricity globally as early as 2040. Achieving this roadmap's vision of 1 000 GW of installed CSP capacity by 2050 would avoid the emissions of up to 2.1 gigatonnes (Gt) of carbon dioxide (CO2) annually.

    z From a system perspective, STE offers significant advantages over PV, mostly because of its built-in thermal storage capabilities. STE is firm and can be dispatched at the request of power grid operators, in particular when demand peaks in the late afternoon, in the evening or early morning, while PV generation is at its best in the middle of the day. Both technologies, while being competitors on some projects, are ultimately complementary.

    z The value of STE will increase further as PV is deployed in large amounts, which shaves mid-day peaks and creating or beefing up evening and early morning peaks. STE companies have begun marketing hybrid projects associating PV and STE to offer fully dispatchable power at lower costs to some customers.

    z Combined with long lead times, this dynamic explains why deployment of CSP plants would remain slow in the next ten years compared with previous expectations. Deployment would increase rapidly after 2020 when STE becomes competitive for peak and mid-merit power in a carbon-constrained world, ranging from 30 GW to 40 GW of new-built plants per year after 2030.

    z Appropriate regulatory frameworks – and well-designed electricity markets, in particular – will be critical to achieve the vision in this roadmap. Most STE costs are incurred up-front, when the power plant is built. Once built, CSP plants generate electricity almost for free. This means that investors need to be able to rely on future revenue streams so that they can recover their initial capital investments. Market structures and regulatory frameworks that fail to provide robust long-term price signals beyond a few months or years are thus unlikely to attract sufficient investment to achieve this roadmap’s vision in particular and timely decarbonisation of the global energy system in general.

    Key Actions in the Next Five Years

    z Set long-term targets, supported by predictable mechanisms to drive investments.

    z Address non-economic barriers and develop streamlined procedures for permitting.

    z Remunerate STE according to its value, which depends on time of delivery.

    z Implement support schemes with fair remuneration to investors but predictable decrease over time of the level of support.

    z Design and implement investment markets for new-built CSP plant and other renewable energy plants, and markets for ancillary services.

    z Avoid retroactive legislative changes.

    z Work with financing circles and other stakeholders to reduce financing costs for STE deployment, in particular involving private money and institutional investors.

    z Reduce the costs of capital and favour innovation in providing loan guarantees, and concessional loans in emerging economies.

    z Strengthen research, development and demonstration (RD&D) efforts to further reduce costs.

    z Strengthen international collaboration on RD&D and exchanges of best practices.

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