Concentrated Solar Power (CSP)

Generation of heat through focused or reflected sunlight, which may also be used to generate electricity with a steam turbine.

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Concentrated solar power offers a flexible source of electricity due to the added value of thermal storage. However, its current levelized cost of electricity (LCOE) is still more expensive than photovoltaic or wind energy systems with battery storage, which poses a clear limitation for technology adoption. Despite forecasted technology cost reductions, clients are advised to remain cautious and ...

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