Wednesday, May 12, 2010

Dazzling future for Solar Power


"Concentrating solar power plants like the PS10 near Seville, Spain may provide around 10 percent of world electricity by 2050"


Solar power is expected to provide almost a quarter of the world's electricity supplies by 2050, according to a new report published by the International Energy Agency (IEA).
Eleven percent of total supplies are predicted to come from solar panels on homes and offices while a further 11 percent will be provided by central solar power stations feeding clean electricity to populous areas.
Solar power currently accounts for 0.5 percent of total electricity supplies, but this will need to rise if cuts in carbon emissions are to be achieved, according to the IEA.
Executive director of the IEA, Nobuo Tanaka said in a statement: "The combination of solar photovoltaics and concentrating solar power offers considerable prospects for enhancing energy security while reducing energy-related CO2 emissions by almost six billion tonnes per year by 2050."
The future success of solar power stations (known as Concentrating Solar Power or CSP) will depend on the development of "dedicated transport lines," but the IEA predict that it could become competitive with coal and nuclear power plants by 2030.
The IEA expects North America to be the largest producer of CSP electricity, followed by India and North Africa -- which will likely export half of its output to Europe.

Source: CNN

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