Solar power companies Abengoa, BrightSource Energy and Torresol Energy have announced the formation of the Concentrating Solar Power Alliance (CSPA), an organization dedicated to educating U.S. regulators, utilities and grid operators about the unique benefits of concentrating solar power (CSP) and thermal energy storage.
The Alliance’s mission is to promote increased acceptance, adoption and implementation of concentrating solar power plants in the U.S. The Alliance will also promote policies to encourage and advance CSP technology deployment.
There are currently over 500 MW of CSP plants operating in the U.S and more than 1,300 MW of CSP plants under construction nationally, with many gigawatts more under development. Worldwide, more than 1 GW of CSP is in operation. The International Energy Agency estimates that CSP projects are now in development or under construction in more than a dozen countries (including China, India, Morocco, Spain and the United States).
The formation of the CSP Alliance builds on the momentum following the creation of the World Solar Thermal Electricity Association (STELAWorld), a consortium of industry associations representing the solar thermal electricity industry in Europe, Australia and South Africa. While independent of STELAWorld, the CSP Alliance will work closely with these associations to further advance the solar thermal industry in the U.S. and abroad.
A recent study from the International Energy Agency shows that with sufficient investment and the right government policies, more than 10 percent of the world’s electricity demand could be satisfied by CSP by 2050.
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