Concentrated solar energy, which uses mirrors to generate heat for turbines, once seemed promising due to advancements in heat storage. However, the significant drop in photovoltaic panel prices has made them the cheaper option for power generation. To address energy needs during off-peak times, a small company is developing a system that integrates a fossil-fueled backup with concentrated solar technology, potentially eliminating the need for separate facilities.
Key facts
- Concentrated solar energy uses mirrors to convert sunlight into heat.
- Photovoltaic panel costs have significantly decreased, making them cheaper than concentrated solar.
- Batteries and natural gas facilities are often needed for energy needs at night.
- A small company is developing a combined concentrated solar and fossil-fueled backup system.
- This integrated system aims to reduce the need for separate energy facilities.
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