CSP Global MARKETS
Presenting : Belén Gallego
CSP Today
www.csptoday.com
World CSP projects by status
2758.72
2215
Announced
4260.8
2642
Planning
Development
Construction
Operation
3482.7
Plants in operation and construction
Country
Announced
USA
0 MW
1525 MW
1105 MW
1318.5 MW
571.16 MW
0%
36%
32%
50%
21%
0 MW
0 MW
50 MW
401 MW
1954.9 MW
0%
0%
1%
15%
71%
2215 MW
2735.8 MW
2327.7 MW
922.5 MW
232.66 MW
100%
64%
67%
35%
8%
2215 MW
4260.8 MW
3482.7 MW
2642 MW
2758.72 MW
Spain
ROW
TOTAL
Planning Development Construction Operation
4
Global CSP Pipeline by Status
(August 2013)
4,500
4,000
3,500
2,500
Announced
Planning
2,000
Development
Construction
1,500
Commissioning
1,000
Operation
500
Americas
Africa
Middle East
Europe
India
China
Australia
Italy
Greece
France
Spain
UAE
Jordan
Kuwait
Israel
Iran
Egypt
Tunisia
South Africa
Morocco
Algeria
Mexico
Chile
Brazil
0
USA
Capacity (MW)
3,000
AsiaAustralasia
5
Global CSP Pipeline by Technology
(August 2013)
3,000
2,500
2,000
1,500
Operation
Commissioning
1,000
Construction
Development
Planning
500
Announced
0
Dish Q3 2013
Fresnel Q3 2013
Parabolic Trough Q3 2013
Tower Q3 2013
1
56
2,754
104
Commissioning
1.5
0
0
392
Construction
14
177
1,567
211
Development
200
112
1,039
981
Planning
20
330
1,718
2,257
Announced
6
0
1,402
2000
Operation
6
Traditional Markets: USA
7
Traditional Markets: Spain
8
New Markets : Europe
9
New markets : Africa
10
New markets : MENA
11
New markets: Australia
12
New markets: LATAM
13
New markets: India
14
Established Markets: USA (2006 - 2013)
Policy Mechanisms
•
•
•
•
Power Purchase Agreement (PPA) based
Renewable Portfolio Standards (RPS) (State by State)
Investment Tax Credits (ITC)
Loan Guarantee (on hold)
Result
•
•
•
•
•
•
High innovation
Huge scales
High uncertainty
High Risk/ High reward environment
Strong pipeline – but slow movement (particularly administrative)
Finance is key for future developments
15
Established Markets: Spain (2006 - 2013)
Policy Mechanisms
•
•
Feed-In Tariff by the government
Regulation:
• Gold-mine Rush (2007 onwards)
• Mitigation
• Retroactive “adjustments”
• Head on damage
Result
•
•
•
•
•
•
No innovation – Copy Paste
Unstable market – high uncertainty
Little “perceived” risk BUT high “real” risk
Small scales
No financial security in the market
Limited International Competitiveness*
16
New markets: India
Policy Mechanisms
•
•
•
•
•
Feed in Tariff changed over to Competitive Government Bid
State Competitive Bids
Innovation-lead Bids
Multi-lateral financial institutions involvement (ADB)
High localization requirement
Result
•
•
•
•
•
Cost Reduction in a never-seen before scale
Growing local suppliers
Unfinished Projects
Local players experience, ready for the next phase
Finance is key for future developments
17
New markets : MENA
Policy Mechanisms
•
•
•
Fragmented market
Government bids or PPA lead (No tariffs)
Multi-lateral financial institutions involvement (World Bank, IFC)
Result
•
•
•
•
High localization
Various scales/ Levels of Innovation
High uncertainty
Complicated financial arrangements – slow moving
•
Game Changers: Saudi will reshape the look and feel of the CSP
industry
18
New markets: LATAM
Title
Country
MWe
Technology
Status
Developer
Argentina
20
Parabolic Trough
Planning
Harbine Turbine Company
Coremas
Brazil
50
Parabolic Trough
Announced
Brax Energy
Mejillones
Chile
5
Fresnel
Planning
GDF Suez
Maria Elena 1
Chile
100
Tower
Planning
Ibereólica Solar
Maria Elena 2
Chile
100
Tower
Planning
Ibereólica Solar
Maria Elena 3
Chile
100
Tower
Planning
Ibereólica Solar
Maria Elena 4
Chile
100
Tower
Planning
Ibereólica Solar
Pedro de Valdivia 1
(PhaseI)
Chile
90
Parabolic Trough
Development
Ibereólica Solar
Pedro de Valdivia 2 (Phase
I)
Chile
90
Parabolic Trough
Development
Ibereólica Solar
Pedro de Valdivia 3 (Phase
II)
Chile
90
Parabolic Trough
Planning
Ibereólica Solar
Pedro de Valdivia 4 (Phase
II)
Chile
90
Parabolic Trough
Planning
Ibereólica Solar
Pampa Elvira Solar
Chile
32
Construction
Codelco
Mexico
12
Construction
Abengoa
Valles Calchaquies Salta
Agua Prieta II
Parabolic Trough
19
Established Markets: USA (2006 - 2013)
Title
Country
MWe
Technology
Status
Developer
Hyder Valley Phase 1
USA
200
Parabolic Trough
Planning
Pacific Solar Investments
Hyder Valley Phase 2
USA
125
Parabolic Trough
Planning
Pacific Solar Investments
Quartzsite Solar Energy
Project
USA
100
Tower
Planning
Quartzsite Developments
Siberia 1&2
USA
400
Tower
Planning
BrightSource Energy
Sonoran West SEGS
USA
200
Tower
Planning
BrightSource Energy
Palen 1
USA
250
Tower
Planning
BrightSource Energy
Palen 2
USA
250
Tower
Planning
BrightSource Energy
Sundt Solar Boost
USA
5
Fresnel
Development
TEP
Fort Irwin
USA
500
Parabolic Trough
Development
Acciona
Palmdale Hybrid Gas-solar
Project
USA
50
Parabolic Trough
Development
City of Palmdale
Victorville 2 Hybrid Power
Project
USA
50
Parabolic Trough
Development
Inland Energy Inc.
Crossroads Solar Energy
Project
USA
150
Tower
Development
SolarReserve
Rice Solar Energy Project
(RSEP)
USA
150
Tower
Development
SolarReserve
Saguache Solar Energy
Project
USA
200
Tower
Development
SolarReserve
20
Established Markets: USA (2006 - 2013)
Title
Country
MWe
Technology
Status
Developer
Kingman
USA
200
Parabolic Trough
On hold
Albiasa Solar
Westside Solar Project
USA
10
Parabolic Trough
On hold
Pacific Light & Power
Hidden Hills 1
USA
250
Tower
On hold
BrightSource Energy
Hidden Hills 2
USA
250
Tower
On hold
BrightSource Energy
Rio Mesa
USA
500
Tower
On hold
BrightSource Energy
Tooele Army Depot
USA
1.5
Dish
Construction
Infinia Corporation
Mojave Solar Project
USA
280
Parabolic Trough
Construction
Abengoa
Genesis Solar 1
USA
125
Parabolic Trough
Construction
NextEra Energy Resources
Genesis Solar 2
USA
125
Parabolic Trough
Construction
NextEra Energy Resources
Keahole Solar Power
USA
5
Parabolic Trough
Construction
Sopogy
Solana
USA
280
Parabolic Trough
Construction
Abengoa
Crescent Dunes
USA
110
Tower
Construction
SolarReserve
Kimberlina
USA
5
Fresnel
Operation
AREVA
Holaniku at Keyhole Point
USA
2
Parabolic Trough
Operation
Sopogy
21
New markets : MENA
Title
Country
MWe
Technology
Status
Developer
Marsa Alam
Egypt
30
Parabolic Trough
Planning
Canal Distribution Company
Taqa CSP Project
Egypt
250
Tower
Planning
TAQA
Kom Ombo
Egypt
100
Parabolic Trough
Development
New and Renewable Energy Authority
(NREA)
Kuraymat ISCC
Egypt
20
Parabolic Trough
Operation
New and Renewable Energy Authority
(NREA)
Iran
17
Parabolic Trough
Development
MAPNA Group
Project 1 Jordan
Jordan
25
To Be Confirmed
Announced
Abengoa
Shagaya Renewable Energy
Complex Project
Kuwait
50
Parabolic Trough
Planning
Al Abdaliyah Solar Plant
Kuwait
60
Parabolic Trough
Planning
Petroleum Development
Oman CSP EOR Project
Oman
7
Parabolic Trough
Operation
Dervish CSP Plant
Turkey
50
Tower
Development
Greenway CSP Tower
Turkey
5
Tower
Operation
UAE
800
Yazd ISCC
Mohammed Bin Rashid Al
Maktoum Solar Park
Development
Ministry of Electricity and Water
eSolar /GE
GDF Suez
22
New markets : Africa
Title
Country
MWe
Technology
Status
Developer
Hassi-R'mel II
Algeria
70
Parabolic Trough
Planning
New Energy Algeria
Meghaïer
Algeria
70
Parabolic Trough
Planning
New Energy Algeria
Naâma
Algeria
70
Parabolic Trough
Planning
New Energy Algeria
DLR- Algeria CSP Project
Algeria
7
Tower
Planning
BMU
El Oued
Algeria
150
Tower
Planning
SPE
Beni Abbes
Algeria
150
Tower
Planning
SPE
Hassi-R'mel
Algeria
25
Parabolic Trough
Operation
Abener
Tan Tan CSP-Desal Project
Morocco
20
To Be Confirmed
Announced
Ouarzazate 3
Morocco
200
Parabolic Trough
Planning
Ouarzazate 2
Morocco
100
Tower
Planning
Ouarzazate I
Morocco
160
Parabolic Trough
Construction
Acciona
Ain-Beni-Mathar ISCC
Morocco
20
Parabolic Trough
Operation
Abener
23
New markets : Africa
Title
Country
MWe
Technology
Status
Developer
South Africa 5 GW Solar
Park (Phase i)
South Africa
Ennex Dish Stirling
South Africa
20
Dish
Planning
Ennex
Metsimatala Solar Farm
South Africa
50
Fresnel
Planning
Afri-Devo
!Xun Khwe Solar Farm
South Africa
100
Fresnel
Planning
Afri-Devo
Kathu CSP
South Africa
75
Parabolic Trough
Planning
Angloamerican
Humansrus CSP Project
South Africa
100
Tower
Planning
SolarReserve
Planning
FG Emvelo
Announced
Karoshoek 1 GW Solar Park South Africa
Ilangalethu/ Emvelo
South Africa
100
Fresnel
Development
FG Emvelo
Bokpoort
South Africa
50
Parabolic Trough
Development
ACWA
Eskom
South Africa
100
Tower
Development
Eskom
KaXu Solar One
South Africa
100
Parabolic Trough
Construction
Abengoa Solar
Khi Solar One
South Africa
50
Tower
Construction
Abengoa Solar
TuNur
Tunisia
2000
Tower
Announced
Nur Energie
Elmed CSP Project
Tunisia
100
Parabolic Trough
Planning
STEG
Akarit
Tunisia
50
Parabolic Trough
Planning
STEG
24
New markets: India
Title
Country
MWe
Technology
Status
Developer
Reliance Areva CSP 2
India
125
Fresnel
Planning
Reliance Power
Aurum Renewables
India
20
Fresnel
Planning
Aurum Renewable Energy
Mathania
India
35
Parabolic Trough
Planning
KVK Energy Ventures
India
100
Parabolic Trough
Planning
KVK Energy Ventures
Gujarat Solar Two
India
28
Parabolic Trough
Planning
Cargo Power and Infrastructure
Andhra Pradesh Project
India
50
Parabolic Trough
Planning
NTPC
Bap Project / Dalmia Solar
Power
India
10
Dish
Development
Dalmia Cements
Lanco Solar
India
100
Parabolic Trough
Development
Lanco Solar
Acme Rajasthan Solar
Power 2
India
10
Tower
On hold
ACME Group
Anta
India
15
Parabolic Trough
Cancelled
NTPC
25
New markets: India
Title
Country
MWe
Technology
Status
Developer
Reliance Areva CSP 1
India
125
Fresnel
Construction
Reliance Power
Abhijeet (Corporate Ispat
Alloys)
India
50
Parabolic Trough
Construction
Corporate Ispat Alloys
Rajasthan Solar One
India
10
Parabolic Trough
Construction
Entegra
Megha
India
50
Parabolic Trough
Construction
Megha Engineering and Infrastructure
Gujarat Solar One
India
28
Parabolic Trough
Construction
Cargo Power and Infrastructure
MNRE R&D Project
India
1
Parabolic Trough
Construction
Ministry of New and Renewable Energy
LFR Solar Thermal
Desalination plant
India
1.06
Fresnel
Operation
Coimbatore
IIT /SEC plant
India
2.3
Fresnel
Operation
Coimbatore
Indian Institute of
Technology CSP Project
India
3t
Parabolic Trough
Operation
Abengoa et others
Acme Rajasthan Solar
Power 1
India
2.5
Tower
Operation
ACME Group
Godawari
India
50
Parabolic Trough
Operation
HIRA Industries
26
THANK YOU
for your
attention
Questions?
email me!
Belén Gallego
belen@csptoday.com
Tel: +44 2073757 555