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 logo LUX TAKE:

Concentrated solar power has the potential to become a flexible source of electricity due to the added value of thermal storage. However, the technology has been unable to compete against incumbent sources of renewable power (especially PV) and will continue to struggle as the LCOE (levelized cost of electricity) gap between CSP and solar PV becomes increasingly larger. In turn, clients should ...

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