Concentrated Solar Power: Next-Generation Technologies Poised to Ramp up Utility-Scale P

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As 2013 begins, the concentrated solar power (CSP) industry in the U.S. is on the brink of a major turning point. After years of hesitancy to invest in CSP due to required increases in efficiency and cost reductions, a wide market acceptance of solar thermal power plants is knocking at the door, driven by the development of next generation technologies in thermal storage, heat transfer and plant components. These developments, along with the current U.S. political and solar power market, will drive lower costs and make utility-scale CSP commercially viable for the first time.

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