A rollercoaster of changes ahead
Concentrated solar power: As a host of projects complete construction, concentrated solar power (CSP) will hit a record 3.2 GW of installations in 2016. With project development cycles ranging from three years to five years to complete after the initial announcement, and tens if not hundreds of megawatts coming online at the same time, CSPs project completion pipeline looks like a roller coaster. Edward Cahill, Research Associate and Matt Feinstein, Senior Analyst at Lux Research elaborate.
Tough times are ahead for CSP, but as the PV market stabilizes, CSP will shift from historically favorable Spanish and U.S. markets to emerging markets craving new electricity capacity in 2018 and beyond. But as this growth takes root, broader dynamics in electricity markets – particularly, the availability of low-cost natural gas – could impact …
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