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MENA/Chile: Concentrating Solar Benchmark Costs

Submitted by Baerbel Epp on August 25, 2017
SunShotA tender for 94.5 USD/MWhel in Dubai and an R&D initiative called SunShot in the United States have shown how the cost of concentrated solar power (CSP) could be lowered at a steady pace thanks to economies of scale and optimised manufacturing and operation. Though the solar power market has been the driver for most of these developments, their outcomes are likewise relevant to solar thermal, where concentrating technologies have been used to provide heating or cooling for industrial processes. Two recent webinars organised by Spanish-based consultancy ATA Insights and focused on CSP in the MENA region and Chile had developers and researchers discuss the main drivers for cost cutting and the technology outlook in the short and medium term. The chart illustrates the SunShot aim to bring down the cost of parabolic trough collectors from around 200 USD/m² to 75 USD/m².
Source: Department of Energy, USA

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