Solar Power Tower - Cost

Cost

The US National Renewable Energy Laboratory (NREL) has estimated that by 2020 electricity could be produced from power towers for 5.47 cents per kWh. Companies such as ESolar (backed by Google.org) are continuing development of cheap, low maintenance, mass producible heliostat components that will reduce costs in the near future. ESolar's design uses large numbers of small mirrors (1.14m²), which reduce costs for installing mounting systems such as concrete, steel, drilling & cranes.

Improvements in working fluid systems, such as moving from current two tank (hot/cold) designs to single tank thermocline systems with quartzite thermal fillers and oxygen blankets will improve material efficiency and reduce costs further.

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