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Solar Heat - a Roadmap to Below $25/MWh
Decarbonizing industrial customers' electricity demand is relatively straight-forward by investing in solar PV and wind assets. By powering heat pumps emission-free electricity can also help produce heat up to 120C at competitive costs. Decarbonizing heat demand above 120C is trickier. The only available, scalable technology for this is concentrated solar heat which in general is considered too expensive compared to fossil fuels.
This article discusses ways to get to costs competitive to natural gas. Getting there will unlock a very large market opportunity for utilities while helping them reduce their carbon footprint significantly.
Solar Heat - a Roadmap to Below $25/MWh
Market penetration of solar heat is challenged by high costs, low awareness, and perceived risks. These challenges are no different from what solar PV and wind have faced and can therefore also be mitigated by the same market strategies.
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