Connect with us

Hi, what are you looking for?

CleanTechnica
Construction of concentrated solar power (CSP) plants will drive global demand for molten salt thermal energy storage systems out to 2020, making the molten salt thermal energy storage (TES) market the largest of three high-temperature energy storage (HTS) technologies.

Clean Power

Outlook Bright for Molten Salt Thermal Energy Storage as Concentrated Solar Power Grows

Construction of concentrated solar power (CSP) plants will drive global demand for molten salt thermal energy storage systems out to 2020, making the molten salt thermal energy storage (TES) market the largest of three high-temperature energy storage (HTS) technologies.

Photo Credit: Tom Raftery/Flickr

Construction of concentrated solar power (CSP) plants will drive global demand for molten salt thermal energy storage (TES) sales in 2010, driven by demand associated with construction and project planning of CSP plants, upon which they are completely dependent, according to SBI.

NaS batteries have been the largest HTS market since they were introduced in 2003, SBI notes. Utilities such as RUBENIUS in Mexico and the Abu Dhabi Water and Electric Authority are building NaS battery energy storage systems in the hundreds of megawatts, but lack of basic R&D investment will result in increasing use of lithium-ion batteries by utilities at the expense of NaS energy storage systems, SBI forecasts.

A marked increase in CSP plants, meanwhile, will drive demand for molten salt thermal energy storage systems. “Fortunately for this category, the legislation and regulation landscape for both renewable energy sources and grid energy storage is very favorable,” according to SBI.

SBI forecasts that the US will surpass Spain as the largest market for TES systems by 2013. By 2015, more MWh (megawatt-hours) of energy of TES will be installed in the US than in Spain. Helped by a feed-in tariff, Spain has become the world leader in CSP with more than 580 MWac (alternating current) in operation.

With 41 CSP projects in the pipeline as of year-end 2010, the US looks poised to overtake Spain, according to the Solar Energy Industries Association.

Three CSP plants totaling 77.5 MWac came online in the US in 2010: the 1.5 MWac Tessera/Stirling Maricopa Dish-Engine project in Arizona, the 1 MWac Abengoa Solar Cameo Hybrid plant in Colorado, and Florida Power & Light’s 75 MWac Martin Next Generation Solar Energy Center. The Dept. of Interior’s Bureau of Land Management approved eight major solar projects last year, six of which were CSP projects, according to SEIA.

CSP projects in both Spain and the US will continue to drive growth in molten salt TES out to 2020, while other countries, such as the UAE and Saudi Arabia, will also begin to contribute significantly, SBI says.

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

I've been reporting and writing on a wide range of topics at the nexus of economics, technology, ecology/environment and society for some five years now. Whether in Asia-Pacific, Europe, the Americas, Africa or the Middle East, issues related to these broad topical areas pose tremendous opportunities, as well as challenges, and define the quality of our lives, as well as our relationship to the natural environment.

Comments

You May Also Like

Clean Power

Investments in clean energy manufacturing jobs are geared toward a specific social end — as industrial policy. This benefits workers across the political divide...

Clean Transport

The Heritage Foundation claims that the Administration is circumventing the legislative branch by moving to force people into using electric vehicles. Is there merit...

Climate Change

While I watched the chilled host on the Macy’s Day Parade television broadcast talk about Tofurky as a vegan Thanksgiving substitute, I can’t say...

Coal

Environmental lawmaking to address global warming continues to confront hurdles, especially in conservative media, as money drives polarization over measures to tackle the climate...

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.