Albany, NY -- (ReleaseWire) -- 04/11/2014 -- The 2014 study has 565 pages, 303 tables and figures. Worldwide markets for Low Iron Glass for Concentrating Solar Power (CSP) are poised to achieve significant growth based on an expectation of rapid adoption of CSP worldwide. As soon as a market has 100 paying reference accounts, it becomes a viable market. CSP solar systems have reached that market inflection point.
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Growth potential of the CSP sector is strong, part of the solar growth that is poised to make solar energy represent 90% of the world's energy production within 25 years. Just as smart phones grew rapidly once the price points were affordable and the economies of scale large enough to drive down prices for the markets to achieve significant growth, so also solar markets will take off. CSP has a strong ability to reduce the cost of electricity produced. Compound annual growth rates are expected to be made meaningless by penetration analysis when the markets grow rapidly.
There are no hindrances to CSP growth except technology and the new nanotechnologies make solar processes possible. The materials are simple, silica, silica, and more silica. With solar energy available to support the CSP low iron glass and the CSP module manufacturing processes, the markets will grow at compound rates.
Costs of electricity from CSP plants at US $ 0.15-0.24/kWh will decline to $.03 and lower by 2017 as the effect of the 35 year life span of the plant is factored into cost analysis. Once the plant is built very little labor is necessary, there are no ongoing fuel costs. This is a compelling economic story.
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Concentrating Solar Power (CSP) has moved from the trial stage to the early adopter stage. With the Ivanpah solar electric generating system on line, the ability to offer steam generated electricity from the sun is compelling. There are significant advantages to using existing steam generator technologies with renewable energy to power the steam generator. Ivanpah CSP is positioned to strengthen the US economy and solar supply chain, shifting toward energy independence.
Ivanpah solar electric generating system shows a path to future energy generation. It is anticipated that solar electricity will eventually reach both peak and off-peak grid parity in all locations, becoming the energy source of choice for everyone. The world changes dramatically when solar power becomes ubiquitous and cheap. We can desalinate water, we can drive electric cars, we can keep our homes as warm or as cool as we want them to be year around.
Low iron glass CSP represents 3% of the world glass production. Markets at $355 million in 2013 are expected to reach $11.3 billion by 2020. Growth is expected to achieve 15% of total low iron glass at glass production in 2020, i.e. the same level as automotive glass.
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Concentrating Solar Power (CSP) Systems: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020 ( http://www.researchmoz.us/concentrating-solar-power-csp-systems-market-shares-strategies-and-forecasts-worldwide-2014-to-2020-report.html )
The concentrated solar power market is set to explode despite environmental objections to the technology. The latest CSP launch, Ivanpah solar electric generating system is an engineering marvel that delivers on the full promise of solar energy. Ivanpah has 347,000 garage door-sized mirrors distributed across 173,500 heliostats. The heliostats track with the sun so that the mirrors can efficiently reflect its rays up to boilers that sit on top of the facility's three towers. The system uses solar field integration software and a solar receiver steam generator.
Concentrated Solar Power (CSP) in the US, Market Outlook to 2025 Capacity, Generation, Regulations and Company Profiles ( http://www.researchmoz.us/concentrated-solar-power-csp-in-the-us-market-outlook-to-2025-capacity-generation-regulations-and-company-profiles-report.html )
The report provides in depth analysis on global renewable power market and global CSP market with forecasts up to 2025. The report analyzes the power market scenario in the US (includes thermal conventional, nuclear, large hydro and renewables) and provides future outlook with forecasts up to 2025. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2025. The report highlights installed capacity and power generation trends from 2001 to 2025 in the US CSP market. The report provides information on the amount of carbon saved and average number of homes powered by CSP during 2001-2025. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to CSP is provided in the report. The research also provides company snapshots of some of the major market participants.
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