Concentrated Solar Power Could Supply 11.3% of Global Electricity by 2050

 
Concentrated solar power markets are growing all over the world, and new projections suggest that, by 2050, they could make up 11.3% of the electricity generated worldwide.

A new report released by Global Information points to concentrated solar power’s (CSP) dispatchability, increased efficiency, and track record in innovation as the reasons behind their projections.

There isn’t much more to the report that is of great value to anyone but a few executives, a point that I imagine Global Information are too well aware of if their shameless and utterly disturbing approach to a press release is any indication. The majority of the press release is dedicated to selling the report with ‘limited time offer’ and ‘special offer’ interspersed through a tide of information meant to entice the would-be investor or project manager.

For anyone wondering, concentrated global power is the act of using mirrors or lenses to concentrate a large area of sunlight onto a smaller area (as seen in the image to the above).

According to the report, the “most mature and widely deployed of all CSP technologys” is the Parabolic Trough, accountig for no less than 95.6 percent of all currently running CSP installations.

Source: Global Information