Concentrating Solar Power (CSP) Systems: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020
(PR Web Via Acquire Media NewsEdge) Albany, New York (PRWEB) May 25, 2014
Researchmoz presents this most up-to-date research on "Concentrating Solar Power (CSP) Systems: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020". The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Market.
Research announces that it has published a new study Concentrated Solar Power (CSP): Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020. The 2014 study has 436 pages, 190 tables and figures. Worldwide markets are poised to achieve significant growth as the Concentrated Solar Power (CSP) integrates molten salt storage technologies and leverages the existing steam electrical power generating capacity.
Browse Detail Report With TOC @ http://www.researchmoz.us/concentrating-solar-power-csp-systems-market-shares-strategies-and-forecasts-worldwide-2014-to-2020-report.html.
The concentrated solar power market is set to explode despite environmental objections to the technology. The latest CSP launch, Ivanpah solar electric generating system is an engineering marvel that delivers on the full promise of solar energy. Ivanpah has 347,000 garage door-sized mirrors distributed across 173,500 heliostats. The heliostats track with the sun so that the mirrors can efficiently reflect its rays up to boilers that sit on top of the facility's three towers. The system uses solar field integration software and a solar receiver steam generator.
Concentrating Solar Power (CSP) solar energy is the most promising and sustainable renewable energy; rolling out CSP systems offers both performance and competitive energy prices. CSP Solar provides a crucial energy solution that is utility scale and works 24 x 7 in combination with back-up stationary fuel cells.Concentrating solar power is one of several preferred methods of solar electricity production. In most places it has achieved 'grid-parity' when considering ROI over 35 years. The mainstream cost of electricity from the grid can be complemented by solar systems. The solar industry in China is funded by the government. This unrelenting investment in energy efficiency has thrust the Chinese companies into the forefront of the industry.
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Photovoltaic Inverter Market -
A photovoltaic (PV) inverter, also known as solar inverter is a device that converts the variable direct current (DC) output of a PV panel into alternating current (AC) frequency. This frequency can directly used by off-grid and local electrical network or can be fed into a commercial network. PV inverter is significant element in a photovoltaic system, allowing direct use of commercial appliances. These inverters have special functions that allow them to use with photovoltaic arrays, having functions such as anti-islanding protection and maximum power point tracking.There are various design modifications in PV inverters such as Stand-alone inverters, Grid-tie inverters and Battery backup inverters. Each design varies according to area of its application. However, special elements such as solar charge controller may incorporate in to the inverter system. One of the major driving factors for this market is growing solar photovoltaic industry. Additionally, the growing demand for energy coupled with regulatory framework that supports clean energy are also driving the market for PV inverters market. However, substitute clean energy technologies such as hydropower are holding back the market in some regions. With the technological development in solar photovoltaic market, PV inverter market is expected to face boom in demand.Get Detail Report With TOC @ http://www.researchmoz.us/photovoltaic-inverter-market-global-industry-analysis-market-size-share-trends-analysis-growth-and-forecast-2013-2019-report.html.
Syngas And Derivatives Market -
Syngas, also known as synthesis gas, is a mixture of gases consisting primarily of carbon monoxide, hydrogen and often carbon dioxide. Syngas is often used as a fuel for internal combustion engines as this gas is combustible. This gas is used as an intermediate in producing synthetic natural gas (SNG) thus it is called as syngas. Industrially, syngas is used to produce ammonia; methanol and it can be turned in to electricity through gasification process. Syngas plays a vital role in the production of synthetic petroleum as an intermediate which are used as a lubricant or fuel. Comparing the energy densities, natural gas has more than twice the energy density of syngas. The production of syngas is carried out by the methods such as the gasification of biomass, coal, steam reforming of liquid hydrocarbons or natural gas to produce hydrogen and other waste-to-energy gasification processes.Syngas as well as its derivatives have a significant number of applications in end-user industries namely chemical, liquid fuels, gaseous fuels and power generation. In chemical industry syngas finds applications in the production of its derivatives like ammonia, methanol, oxo-chemicals, hydrogen, n-butanol, and dimethyl ether. Syngas can be produced with the materials such as natural gas, coal, biomass, waste and petroleum by-products as a feedstock.The chemical derivatives of syngas have a wide range of applications in chemical intermediates, fertilizers, transportation, water treatment and others. Methanol, ammonia and hydrogen are some of the most important derivatives of syngas. Ammonia is full of nitrogen content; hence in the production of fertilizers, ammonia acts as plant nutrient. Methanol plays a vital role in the production of acetic acid, formaldehyde, dimethyl ether (DME) and some other chemicals. China produces gasoline by using methanol through MTG process. North American and European counties such as the U.S., Canada, UK, and Norway are exhibiting the demand for syngas in the production of various chemicals. Get Detail Report With TOC @ http://www.researchmoz.us/syngas-and-derivatives-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019-report.html.
Other countries rely on tax incentives and special tariffs to sustain further investment in solar electricity generation. This has enabled the industry to develop and provides very attractive investment opportunities, and is expected to do so for some time to come.
There is a move in the solar industry to achieve grid-parity. Once this is secure, the solar market can expand very rapidly achieving penetration growth calculations that exceed any growth rate per se. A step-change in system costs is being achieved, putting the industry on the cusp of a major growth spurt.
Concentrating solar technology uses traditional electricity steam generators to make power fueled by solar heat.
The decrease in the costs of implementing CSP solar energy will continue. The competitiveness of concentrated solar power (CSP) will increase. Ultimately the ability to run a utility scale system that provides 24 x 7 electricity, is able to store energy and use it during the night when the sum is down provides competitive advantage to the CSP.
Concentrated Solar power markets at $1.3 billion in 2013 are anticipated to reach $53.7 billion by 2020 because the systems are able to be built at utility scale and to provide 24 x 7 solar renewable energy power. Campus stationary fuel cell power is mature and available to act as a backup power source for CSP, creating greater capabilities and a better story for justifying the build out of CSP.
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