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Could Concentrated Solar Power Create New Opportunities?

EY Utilities Unbundled reports that “Once considered an also-ran, concentrated solar power is getting a second look.”  

“In the beginning of the 2000s, many concentrated solar power (CSP) projects were built. But around 2005, things changed: PV and wind took off, and investor interest in CSP lagged.”  

“Now CSP’s fortunes may be on the verge of a major shift. Looking forward to a future when PV and wind are likely to be more exposed to market prices and carbon pricing should slowly increase, CSP’s storage capacity may well lead it to a renaissance.”

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