csp global markets

CSP Global MARKETS

Presenting : Belén Gallego CSP Today

www.csptoday.com

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source:

World CSP projects by status

2215

4260.8

3482.7

2642

2758.72

AnnouncedPlanningDevelopmentConstructionOperation

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source:

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 4

Plants in operation and construction

Country Announced Planning Development Construction Operation

USA 0 MW 1525 MW 1105 MW 1318.5 MW 571.16 MW

0% 36% 32% 50% 21%

Spain 0 MW 0 MW 50 MW 401 MW 1954.9 MW

0% 0% 1% 15% 71%

ROW 2215 MW 2735.8 MW 2327.7 MW 922.5 MW 232.66 MW

100% 64% 67% 35% 8%

TOTAL 2215 MW 4260.8 MW 3482.7 MW 2642 MW 2758.72 MW

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 5

Global CSP Pipeline by Status (August 2013)

USA

Braz

il

Chile

Mex

ico

Alge

ria

Mor

occo

Sout

h Af

rica

Tuni

sia

Egyp

t

Iran

Israe

l

Kuw

ait

Jord

an

UAE

Spai

n

Fran

ce

Gree

ce

Italy

Aust

ralia

Chin

a

Indi

a

Americas Africa Middle East Europe Asia-Aus-tralasia

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

AnnouncedPlanningDevelopmentConstructionCommissioningOperationCa

pacit

y (M

W)

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

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Global CSP Pipeline by Technology (August 2013)

Dish Q3 2013 Fresnel Q3 2013 Parabolic Trough Q3 2013 Tower Q3 20130

500

1,000

1,500

2,000

2,500

3,000

OperationCommissioningConstructionDevelopmentPlanningAnnounced

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 7

Traditional Markets: USA

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 8

Traditional Markets: Spain

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 9

New Markets : Europe

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 10

New markets : Africa

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 11

New markets : MENA

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 12

New markets: Australia

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 13

New markets: LATAM

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 14

New markets: India

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 15

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 16

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*

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 17

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 18

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 19

New markets: LATAM

Title Country MWe Technology Status Developer

Valles Calchaquies Salta 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

Agua Prieta II Mexico 12 Parabolic Trough Construction Abengoa

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 20

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 21

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 22

New markets : MENATitle 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)

Yazd ISCC 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 Ministry of Electricity and Water

Petroleum Development Oman CSP EOR Project Oman 7 Parabolic Trough Operation Dervish CSP Plant Turkey 50 Tower Development eSolar /GE

Greenway CSP Tower Turkey 5 Tower Operation Mohammed Bin Rashid Al Maktoum Solar Park UAE 800 Development GDF Suez

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 23

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 24

New markets : Africa

Title Country MWe Technology Status Developer

South Africa 5 GW Solar Park (Phase i) South Africa Announced

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

Karoshoek 1 GW Solar Park South Africa Planning FG Emvelo

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

Source: 25

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

GLOBAL CSP MARKETS

CSP Today Global Tracker w w w. c s p t o d a y. c o m /t r a c k e r

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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

GLOBAL CSP MARKETS

THANK YOU for your

attention

Questions?email me!

Belén Gallego

belen@csptoday.comTel: +44 2073757 555