11 Jun '18, 10pm

New Concentrating Solar Power Funding Is Getting Hotter #renewables #solar #CSP

New CSP Funding Is Getting Hotter May 29, 2018 In May, the U.S. Department of Energy Solar Energy Technologies Office (SETO) announced $72 million to advance the next generation of concentrating solar power (CSP) research. Of these award recipients, NREL is leading two key projects and supporting two others with industry. Compared to other renewable energy technologies, a unique feature of CSP is the ability to store heated material in an inexpensive and efficient thermal energy storage (TES) system. The stored thermal energy can be tapped continuously, regardless of weather, to provide renewable electricity on demand. "These projects will help to continue the substantial cost reductions we've seen from the CSP industry during the past several years," said Mark Mehos , manager of the NREL Thermal Systems research team. "Working closely with our laboratory and industrial pa...

Full article: https://www.nrel.gov/news/program/2018/nrel-to-develop-th...

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