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How large is the future CSP market? Look at the planning figures of world’s major players

Reported from CSPPLAZA: Recently, the Saudi Renewable Energy Project Development Office released the “Saudi 2030 Renewable Energy Plan”, which planned that by 2030, Saudi Arabia’s renewable energy installed capacity will be 58.7GW, including 40GW PV,16GW wind power and 2.7GW CSP.

In 2018, the global installed capacity of CSP was increased by 936MW, achieving a substantial increase. Looking forward to 2019 and the next few years, a larger increase can be expected. This confidence is based on the development plans of other major CSP emerging markets in the world.

The table below made by CSPPLAZA shows the planning figures for each major solar thermal market.

Morocco

Morocco plans to achieve 2000MW of solar power capacity by 2020. By the end of 2018, it has completed the 510MW CSP capacity of 580MW Noor Ouarzazate Solar Complex
project and the 20MW of the AINBENIMAHTAR gas combined cycle power plant.

Installed capacity of the first phase of the planned NoorMidelt project to be built has been determined to be 825 MW, consisting of 300 MW PV and 525 MW CSP. The follow-up CSP installation plan is not yet determined.

Algeria

Algeria plans to achieve a 27% renewables share by 2030 and plans to add 2000MW of CSP installed capacity. At present, 25MW is completed. If the plan is to be completed, the subsequent CSP market space is relatively large.

Kuwait

Kuwait plans to achieve 2000 MW of renewable energy installed capacity by 2030. The implementation subject of the target is Shagaya REPark project, which includes 1150MW of CSP installed capacity, accounting for 57.5% of total capacity.

Shagaya REPark is a comprehensive power generation park. The construction is divided into three phases:

The first phase: 70MW of total power generation, including a 50MW parabolic trough CSP power station, a 10MW photovoltaic power station and a 10MW wind farm.

The second stage: the park will be expanded to 1000MW (including 550MW CSP, 380MW PV and 70MW wind), which is expected to be completed and put into operation by 2020.

The third stage: the park will eventually expand to 2000MW (including 1150MW CSP, 723MW PV, and 127MW wind), which is expected to be completed and put into operation by 2030.

Dubai, United Arab Emirates

The United Arab Emirates has built a 100MW Shams1 parabolic trough power station. Its leading project, Dubai Mohammedbin Rashid AlMaktoum Solar Park, will achieve an installed capacity of 5000MW by 2030, among which the installed capacity of CSP reaches 1000MW. At present, the 700MW CSP has started construction, but the remaining 300MW has not been released.

Israel

Israel plans to reach a 10% renewables share by 2020. Now it is advancing the construction of the Ashalim solar complex. The Ashalim Solar Complex consists of two CSP projects and one PV project. The installation capacity of the two CSP stations is both 121MW. In addition, Israel plans to build a 120MW parabolic trough CSP plant at Ze’elim.

Tunisia

According to the country’s previously announced renewable energy plan, the country plans to achieve 500MW of CSP capacity by 2030.

Egypt

Egypt plans to achieve 0.1GW, 4.1GW and 8.1GW of CSP capacity by 2022/2030/2035 respectively.

Source:IRENA_Outlook_Egypt_2018

Italy

Recently, Italy released the “National Integrated Plan for Climate and Energy 2030”. The plan states that by 2025, Italy will add 250 MW of CSP installed capacity. By 2030, the installed capacity of CSP will increase to 880MW.

Source:RenewablesNow

China

In addition to the first batch of 20 CSP demonstration projects and the Luneng Golmud 50MW demonstration project in China, there are many projects that have already carried out preliminary work. However, all projects require support of follow-up policies. In 2017-2018, China has basically completed the feasibility study of many CSP projects with a total installed capacity of 3000MW.

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