CSP Seville 2017
Major players in CSP have been working hard to drive down their LCOE, and many have made impressive inroads—just look at the downward trending price of power from NOOR 1, to NOOR 2 and 3, followed by Redstone, and then Solar Reserve’s record breaking bid price of 6.3 cents per kWh in Chile. Then, in a very recent open tender for Dubai Electricity and Water Authority, ACWA put in a bid at under 10 cents per kWh. Ok, so Solar Reserve beat that figure by around 3 cents. But here’s the kicker: solar thermal for DEWA predicts to achieve that price based on as little as a 5 GW basis. PV, though cheaper, typically requires a minimum plant size of around 300-plus gigawatts to attain such low
- Event Type:
- Nov. 21-22, 2017
- NH Collection Seville
- Seville , Spain
In addition, these CSP prices will be achieved without any government subsidy. Driven by ever-improving methods of molten salt heat storage and heat transfer, CSP—as a non-intermittent, around the clock power solution—is now a more attractive renewable energy source than ever. In short PV might still be winning on LCOE right now, but CSP is gaining ground fast and promises a more stable power solution for the future.
Potentially ACWA’s model redefines ‘economies of scale’, something that many industries such as large farms and factories, are getting very excited about. Because having access to, and control over, an independent power resource, as well as being able to sell any excess wattage back to the grid, delivers a duality of benefit: it provides freedom from the stranglehold of virtual monopoly held by large energy companies, and potentially offers an additional revenue stream.
However, to gain a clearer picture of these logistical and cost efficiencies, many more pilot projects of a small to medium capacity must be established. Once this happens, as technology improves and costs come down, and as the number of people with the necessary O&M experience to efficiently manage and monitor plants grows, this is a key area to expect to see significant capital inflows and rapid growth.
- New models for project profitability: Monetise new revenue streams, with or without government policy and subsidy, to boost your share in the now booming CSP market
- Project Development: Hear about global developments in the U.A.E., Morocco, South Africa, China and more, and see how - and why - the planning between developer, off taker and EPC when building CSP plants has led to both successes and failures
- Take control of technology: Explore the latest breakthroughs in plant design, configuration, control systems, hydraulics, driving mechanisms and where real cost reduction has been achieved
- Ramp up to your guaranteed efficiency: Discuss ways to move from construction through the ramp up period to ensure you reach your required performance levels
- Optimize performance: Work out how to recruit, train and retain the perfect team and use predictive strategies, better systems and components to improve performance and reduce failures