Concentrating Solar Power Market Definition
Concentrating solar power employs mirrors to focus the sun's energy, which is then used to power traditional steam turbines or engines to generate electricity. Thermal energy concentrated in a CSP plant collects solar radiation using reflecting or transmissive optical elements that focus the radiation to a focal point where it is directly transformed into thermal or electrical energy and is used to deliver heat for industries.
The main types of concentrating solar power are the parabolic trough, solar power tower, Fresnel reflectors, and dish Stirling. Solar concentrating systems using parabolic collectors composed of reflecting materials are known as parabolic-trough solar concentrating systems. The collectors reflect incident solar radiation onto its focal line, which is directed toward a receiver, which receives the concentrated solar energy and uses it to heat the fluid inside it. The various capacities of concentrating solar power are less than or equal to 50 MW, greater than 50 MW less than or equal to 100 MW, and greater than 100 MW and the different heat transfer fluids used are molten salt, water-based, oil-based, and other heat transfer fluids. The energy can be stored with storage, without storage techniques, and is used for utility, EOR (Enhanced Oil Recovery), desalination, and other applications.
Concentrating Solar Power Market Segmentation
The concentrating solar power market covered in this report is segmented –
1) By Technology: Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling
2) By Capacity: Less Than or Equal To 50 MW, Greater Than 50 MW To Less Than or Equal To 100 MW, Greater Than 100 MW
3) By Heat Transfer Fluid: Molten Salt, Water-Based, Oil-Based, Other Heat Transfer Fluids
4) By Storage: With Storage, Without Storage
5) By Application: Utility, EOR, Desalination, Other Applications