A market worth USD 4,300 billion
According to the International Energy Agency (IEA), CSP will account for 11% of global energy production by 2050, making it one of the largest industries in the world with an annual turnover of approx. USD 90 billion. The Swedish Governmental Energy Agency, Energimyndigheten, using the IEA figures, made a presentation called “CSP-Solar Swedish Activities”. The report predicts the CSP market will reach 4,350 TWh per year by 2050 and that there will be a total investment need of USD 4,300 billion.
Sales will be made to the following segments
Electricity Producers – smaller and larger power generation clients. For example, it can be a total solution for an island, town or city. it may be industries, desalination plants, energy filling stations (today’s gas stations) or someone who want to sell electricity to a national network. The military has shown a great interest in a system which can produce safe and 100% renewable energy.
EPC Contractors – Companies that on behalf of end customer takes overall responsibility as a contractor for the construction of a solar power plant.