Product Code: ETC4520410 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Concentrating solar power (CSP) systems generate electricity by concentrating solar energy using mirrors or lenses onto a small area. In the UK, this market includes CSP technologies, solar thermal power plants, and related infrastructure aimed at sustainable energy production.
The concentrating solar power market in the United Kingdom is growing as renewable energy sources gain prominence in the national energy mix. Concentrated solar power (CSP) technologies harness solar radiation to generate electricity through thermal energy conversion, providing a sustainable alternative to conventional power generation methods. Key drivers include government incentives promoting renewable energy adoption, technological advancements enhancing CSP efficiency and storage capabilities, and growing public awareness and support for reducing carbon emissions.
The UK concentrating solar power (CSP) market encounters challenges related to geographic limitations and intermittency of solar radiation. Unlike regions with abundant sunshine, the UK solar resource potential is relatively moderate, impacting the efficiency and economic viability of CSP projects. Integrating energy storage solutions to mitigate intermittency and ensure grid stability poses additional technical and financial challenges. Moreover, navigating regulatory frameworks and securing investment for large-scale CSP installations require overcoming perceptions of project risk and demonstrating long-term economic benefits. Addressing these challenges entails technological innovation in solar thermal technologies, collaborative partnerships across the energy sector, and policy support to incentivize renewable energy deployment.
The UK governments commitment to renewable energy and carbon reduction targets has significantly driven the concentrating solar power (CSP) market. Policies such as subsidies for renewable energy projects, grants for clean energy research, and the implementation of the Renewable Energy Guarantees of Origin (REGO) scheme have supported the development and deployment of CSP technologies. The UKs focus on diversifying its energy mix and reducing reliance on fossil fuels aligns with the growth of the CSP market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Concentrating Solar Power Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Concentrating Solar Power Market - Industry Life Cycle |
3.4 United Kingdom (UK) Concentrating Solar Power Market - Porter's Five Forces |
3.5 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
3.7 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 United Kingdom (UK) Concentrating Solar Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Concentrating Solar Power Market Trends |
6 United Kingdom (UK) Concentrating Solar Power Market, By Types |
6.1 United Kingdom (UK) Concentrating Solar Power Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Solar Power Towers, 2021-2031F |
6.1.4 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Linear Concentrating Systems, 2021-2031F |
6.1.5 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Dish Stirling Technology, 2021-2031F |
6.2 United Kingdom (UK) Concentrating Solar Power Market, By Operation Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Stand-alone, 2021-2031F |
6.2.3 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Storage, 2021-2031F |
6.3 United Kingdom (UK) Concentrating Solar Power Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Less than 50 MW, 2021-2031F |
6.3.3 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By 50 MW to 100 MW, 2021-2031F |
6.3.4 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By 100 MW and Above, 2021-2031F |
6.4 United Kingdom (UK) Concentrating Solar Power Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Enhanced Oil Recovery (EOR), 2021-2031F |
6.4.4 United Kingdom (UK) Concentrating Solar Power Market Revenues & Volume, By Others, 2021-2031F |
7 United Kingdom (UK) Concentrating Solar Power Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Concentrating Solar Power Market Export to Major Countries |
7.2 United Kingdom (UK) Concentrating Solar Power Market Imports from Major Countries |
8 United Kingdom (UK) Concentrating Solar Power Market Key Performance Indicators |
9 United Kingdom (UK) Concentrating Solar Power Market - Opportunity Assessment |
9.1 United Kingdom (UK) Concentrating Solar Power Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 United Kingdom (UK) Concentrating Solar Power Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
9.3 United Kingdom (UK) Concentrating Solar Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 United Kingdom (UK) Concentrating Solar Power Market Opportunity Assessment, By End User, 2021 & 2031F |
10 United Kingdom (UK) Concentrating Solar Power Market - Competitive Landscape |
10.1 United Kingdom (UK) Concentrating Solar Power Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Concentrating Solar Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |