Concentrating solar-thermal power plants will remain in low demand in the U.S. for the foreseeable future as companies such as SolarReserve LLC develop new plants overseas, according to industry analysts.
One of the factors: Hydraulic fracturing.
“The U.S. is a different market than the rest of the world because we have a whole lot of cheap natural gas from fracking,” SolarReserve CEO Kevin Smith told Bloomberg Environment.
Despite that outlook, the Energy Department is promoting research on this type of solar power, which uses mirrors that focus solar energy on a tower, heating liquids to make electricity from steam. ...
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