2018 demonstrated a decline in CSP costs (26% reduction) and a rise in capacity factors (up to 45%). With intermittent renewable penetration growing in global grid systems, now is the time to secure your company’s future in the marketplace for clean dispatchable energy.
The first MUSTEC policy brief on the Potential Obstacles to the Use of Cooperation Mechanisms for CSP in the Future is available now. Renewable energy cooperation is expected to play an important role as a way to ensure an effective and affordable low-carbon energy transition in the EU, taking advantage of trade within the internal market, safeguarding security of energy supply, coordinating climate adaptation measures and optimizing the cost-effectiveness of actions (Caldés et al 2018).
An innovative thermal battery being developed by Curtin University researchers will be key to a solar power system capable of producing electricity overnight, rivaling fossil fuels as a viable source of power for commercial and heavy industries around the world, including mining operations.