Concentrated Solar Power (CSP)

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

LUX TAKE:

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 ...

Lux Take last updated on January 31, 2020
Data last updated on March 22, 2023

What's New

Lux Research analysts and the Lux Intelligence Engine have added the following recent concentrated solar power developments.

News Commentaries

Australian-German consortium receives USD 28 million to produce e-methanol (March 15, 2023)

Vast Solar gears up to build Australia's largest CSP plant (February 21, 2023)

New Lux Content

Sol Clarity (February 27, 2023)

News Trends: Low-carbon power generation 2022 year in review (January 15, 2023)

Related companies	BrightSource Energy, Practical Solar, eSolar, Archimede Solar, SolarReserve, GlassPoint Solar, Heliac, Heliovis, EigenTherm Solar, Azelio, Vast Solar

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