P & W Rocketdyne aims to make concentrated solar power towers cheaper and more efficient

One of, if not the biggest, hurdles to be overcome if solar power plants are to replace conventional fossil fuel-based power plants is cost. To be feasible, solar power plants generally require investment from forward thinking companies or governmental tax incentives. In an effort to make solar power plants – specifically Concentrated Solar Power Towers (CSP) and their accompanying thermal storage systems – more attractive, the U.S. Department of Energy (DoE) has awarded Pratt & Whitney Rocketdyne US$10.2 million to develop technologies aimed at significantly lowering the electricity costs of such solar plants... Continue Reading P & W Rocketdyne aims to make concentrated solar power towers cheaper and more efficient

Tags: Electricity, Pratt & Whitney, Renewable Energy, Solar, Solar Power Tower

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