Lewes, DE -- (SBWIRE) -- 04/14/2014 -- 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.
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.
By 2020, expectations are that CSP capital costs will decline even further by between 30% and 50%. New technology will make plant operations even more efficient by that time.
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According to Susan Eustis, the lead author of the team that created the study, "Concentrating Solar Power (CSP) depends on low iron glass because the low iron glass is clear and creates increased efficiency in the capture of solar power. Low ion glass is proving to be of value because it drives the market for CSP. CSP has been further proven in newly operational installations, including Ivanpah."
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.
Check Out These Key Topics
- Low Iron Glass
- Concentrating Solar Power (CSP)
- Nano Silver Coating
- Mirror Durability
- Polyvinyl butyral (PVB)
- Silver Coatings
- CSP Low Iron Solar Glass
- Clear Float Glass
- Mirror Quality on Plant Performance
- Receiver Mirrors
- Low Iron Silica
- Low-Iron Float Lines
- Low Iron Silica Removal Processes
- Float Glass Cost Structure
- 50 MW CSP Plant
- Sensors Based On Magnetic Materials
- Economies of Scale
- Powering Current Sensors
Spanning Over 565 pages, 303 tables and figures, “Low Iron Glass for Concentrating Solar Power (CSP): Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020” report covering the Low Iron Solar Glass Concentrated Solar Power (CSP) : Executive Summary, Low Iron Solar Glass Concentrated Solar Power (CSP) Market Description and Market Dynamics, Low Iron Solar Glass Concentrated Solar Power (CSP) Market Description and Market Dynamics, Low Iron Solar Glass Concentrated Solar Power (CSP) Market Shares and Market Forecasts, Low Iron Solar Glass Concentrated Solar Power (CSP) Product Description, Low Iron Solar Glass Concentrated Solar Power (CSP) Product Description, Low Iron Solar Glass Concentrated Solar Power (CSP) Technology, Low Iron Solar Glass Concentrated Solar Power (CSP) Company Profiles, Low Iron Solar Glass Concentrated Solar Power (CSP) Company Descriptions. The report covered companies few are- Rioglass, Schott - Receivers, eSolar, Guardian, ACWA Holding / SUN & LIFE / Flabeg, Almeco Solar, China Glass Holdings, Dubai Investments PJSC, Guangdong Golden Glass Technologies, Guangfeng Solarglass (Hong Kong), Gujarat Borosil Ltd. (GBL), Hangzhou AMD PV Glass, Hecker Glastechnik.
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