| Description |
1 online resource (180 pages) |
| Series |
World Bank Studies |
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World Bank studies.
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| Contents |
Foreword; Acknowledgments; Acronyms and Abbreviations; Executive Summary; Regulatory Frameworks; Cost Reduction Potential and Sustainability Assessment; Economic Analysis of Reference CST Plants; Potential for Cost Reduction through Local Manufacturing; Assessment of Procurement Practices; Tables; Table ES 1: Recommended Bid Selection Criteria for CST in Developing Countries; Boxes; Box ES. 1: Recommended PPA Elements for CST Projects in Developing Countries; PART I INTRODUCTION AND TECHNOLOGY BRIEF; Chapter 1 Context, Relevance, and Audience |
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Chapter 2 Overview of Concentrating Solar Thermal TechnologiesFigures; Figure 2.1: Markets and Applications for Solar Power; PART II FINANCIAL AND REGULATORY SCHEMES--THE CURRENT SITUATION; Chapter 3 Policy Instruments Used to Promote CST in Developed Countries; Regulatory Framework and Financial Incentive Options; Table 3.1: Policy Instruments, Characteristics, Advantages, and Disadvantages in Implementation; Table 3.2: FiTs versus RPS Schemes; Box 3.1: Germany's Recent FiT Reform; Table 3.3: Currently Installed CST Capacity (MW); Box 3.2: The Renewable Energy Reverse Auction Mechanism |
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Investment Trajectories in Spain and the United StatesAnalysis and Conclusions; Chapter 4 Renewable Energy Schemes Supporting CST in Developing Countries; MENA Incentive Schemes; India's Incentive Schemes; Table 4.1: Gujarat Tariff Rates for Solar Projects; South Africa's Incentive Schemes; PART III FINANCING CST--HOW TO BRING TECHNOLOGY COSTS DOWN; Chapter 5 Cost Drivers and Cost Reduction Potential; LCOEs for CST in Specifi c Developing Country Markets; Overview of the Cost Structure; Figure 5.1: LCOEs for Parabolic Trough and Power Tower in India, Morocco, and South Africa |
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Box 5.1: LCOE StructureAssessment of the Cost Drivers for CST; Table 5.1: Estimate of Capital Expenditures--Parabolic Trough; Table 5.2: Estimate of Capital Expenditures--Reference Power Tower; Table 5.3: Estimate of Operational Expenditures--Reference Parabolic Trough; Table 5.4: Estimate of Operational Expenditures--Reference Power Tower; Figure 5.2: CAPEX Breakdown--Parabolic Trough (100 MW--13.4 h TES--US914 m); Figure 5.3: CAPEX Breakdown--Power Tower (100 MW--15 h TES--US978 m); Table 5.5: Overview of Cost Elements and Cost Drivers |
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Table 5.6: Local Content Sensitivities--Middle East and North Africa Case StudyTechnical and Scale-Related Cost Reduction Potential; Table 5.7: Cost Reduction Potential of Economies of Scale / Volume Production; Figure 5.4: Cost Reduction Potential for CST Technologies; Financial Sustainability Assessment of Financial and Regulatory Incentives; Figure 5.5: LCOE Reduction Potential for CST; Table 5.8: Definitions Used; Figure 5.6: Impact Assessment of Different Regulatory Approaches on LCOE in India; Figure 5.7: Impact Assessment of Different Regulatory Approaches on LCOE in Morocco |
| Summary |
At present, different concentrating solar thermal technologies (CST) have reached varying degrees of commercial availability. This emerging nature of CST means that there are market and technical impediments to accelerating its acceptance, including cost competitiveness, an understanding of technology capability and limitations, intermittency, and benefits of electricity storage. 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. Merely replicating developed countries schemes in the context of a developing country may not generate the desired outcomes. 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 |
| Notes |
Figure 5.8: Impact Assessment of Different Regulatory Approaches on LCOE in South Africa |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Energy development -- Developing countries
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Solar energy -- Developing countries
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Renewable energy sources -- Developing countries
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Energy industries -- Developing countries -- Finance
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BUSINESS & ECONOMICS -- Industries -- Energy.
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SCIENCE -- Energy.
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TECHNOLOGY & ENGINEERING -- Power Resources -- General.
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Energy development
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Energy industries -- Finance
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Renewable energy sources
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Solar energy
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Developing countries
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| Form |
Electronic book
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| Author |
Wirth, Jens
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| LC no. |
2012020118 |
| ISBN |
9780821396087 |
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0821396080 |
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0821396072 |
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9780821396070 |
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