‘Strategically plan your commercial trajectory and optimize profitability in the increasingly internationalized solar tower market'
Solar tower technology currently accounts for 4% of the global installed
CSP share, totalling at 98 MW across 7 markets. Crucially, however, the
global project pipeline indicates that solar tower technology is set to play
an increasingly prominent role within the CSP landscape both in terms of MW
capacity share - accounting for 23% of the MW capacity under construction and
38% of the MW capacity under development - and market activity - the
collective reach of solar tower plants in operation, under construction and
under development will permeate 14 markets . This promising growth trajectory
coupled with claims that solar tower could represent CSP's most viable route
towards grid-parity has meant that the eyes of the industry are increasingly
focusing in on this technology.
Yet, for the CSP industry, the success of the internationalization of solar
tower technology alongside the growth of the technology in established markets
will be highly contingent upon a greater degree of transparency surrounding
market specific cost data from CAPEX to OPEX, and performance characteristics
and capabilities. For CSP industry stakeholders, a greater degree of cost and
performance transparency is critical to assessing market activity,
strategizing commercial trajectories and optimizing profitability from the
most promising of CSP technologies. Through industry-validated cost
information, localized techno-economic analysis and inter-market benchmarking,
this report brings unprecedented clarity on solar tower technology across
eight global markets, enabling you to separate the fact from the hype.
Critical Market Specific Cost Data: Receive the most up-to-date,
industry validated cost data breakdowns from CAPEX to OPEX in defined optimal
solar tower plants across 8 markets (Chile, India, Morocco, Spain, Saudi
Arabia, South Africa, UAE and USA).
- Realistic Power Purchase Agreement (PPA*) Calculations: Determine
the PPA of Solar Tower technology by market, benchmark emerging CSP markets
against the traditional key markets and identify the sensitivity features
which will impact upon the PPA and to what extent.
- Energy Yield and Performance Output Data & Analysis: Identify and
benchmark the market specific energy yield and performance characteristics,
including solar field thermal output, online parasitics, net energy, total
operating hours, solar-to-electricity efficiency and water consumption.
- The Evolution of Thermal Storage (TES): Use the global project
pipelines to understand how and to what extent TES is being increasingly
incorporated into Solar Tower plants, and gain insight into the latest R&D
initiatives in TES tipped to reduce cost and optimize performance.
- Market Share of Solar Tower Technology: Strategize your investment
in and gauge your profit from Solar Tower by understanding the long-term
market share, growth and viability of this technology, including
market-by-market pipelines and key comparisons with other CSP technologies.
*The PPA tariff is the merit of metric used in this report given that it
represents not just the cost of generating electricity but the real
electricity selling price where tax payments and investors returns have been
factored in. it is therefore the real price at which a solar tower plant could
sell the electricity meeting the equity investor's targets.