Factor This!

A fresh start for concentrated solar power?

March 20, 2023 Renewable Energy World Season 1 Episode 42
Factor This!
A fresh start for concentrated solar power?
Show Notes

Concentrated solar power has had a rough go in the US. But that's not because it's a poor resource.

Using mirrors and towers, CSP can cleanly generate electricity, provide long-duration thermal energy storage, and decarbonize heavy industry by producing heat. Still, solar PV deployment dwarfs installed CSP capacity 113 GW to 2.

Why hasn't it caught on here?

Episode 40 of the Factor This! podcast features Craig Wood, CEO of the Australian next-gen CSP company Vast, which thinks it can change CSP's fortunes in the US.

Vast is planning to list on the New York Stock Exchange at a valuation of more than a half-billion dollars to deploy its next-gen CSP technology. Wood breaks down CSP's less-than-sunny history, why it's getting a fresh look, and its role in the energy transition.

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