Concentrating Solar Power in Developing Countries (World Bank Studies)

Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives

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    Many developed and some developing countries are currently working to address these barriers in order to scale up CST-based power generation. Given the considerable growth of CST development in several World Bank Group partner countries, there is a need to assess the recent experience of developed countries in designing and implementing regulatory frameworks and draw lesson that could facilitate the deployment of CST technologies in developing countries.

    Against this background, this report a analyzes and draws lessons from the efforts of some developed countries and adapts them to the characteristics of developing economies; b assesses the cost reduction potential and economic and financial affordability of various CST technologies in emerging markets; c evaluates the potential for cost reduction and associated economic benefits derived from local manufacturing; and d suggests ways to tailor bidding models and practices, bid selection criteria, and structures for power purchase agreements PPAs for CST projects in developing market conditions.

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    Logistics in Lagging Regions Charles Kunaka. CSP involves the conversion of solar radiation to thermal energy, which is then used to generate power. The World Bank has led international development banks in its embrace of coal over the last five years, according to Oil Change International. In the region, projects of about 20 MW in size are currently under implementation in Morocco, Egypt and Algeria. Colin Hunt does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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    Christmas posting dates Learn more. It is a technology ready for scale-up since it has yet to benefit from cost savings that often come with manufacturing scale. CSP is of particular interest to utilities that see it as lower cost, more scalable and, due to the ability to store heat, more continuously available dispatchable than solar PV.

    It is also more consistent with the centralized generation model of typical utilities. It has abundant sunshine, low precipitation, and sufficient unused land close to transmission lines and to countries with a large demand for power. A gigawatt-scale generation program would offer a number of benefits for the countries of the region, including:.

    The CSP scale-up program would also establish the region as a pioneer among emerging economies in the global solar power industry's development through economies of scale, and the technology becoming cost-effective for wider replication.

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    At present, different concentrating solar thermal technologies (CST) have reached varying degrees of commercial availability. This emerging nature of CST . Concentrating Solar Power in Developing Countries: Regulatory and Financial Incentives for Scaling Up. World Bank Studies. Washington.

    In the region, projects of about 20 MW in size are currently under implementation in Morocco, Egypt and Algeria.