A New Concentrated Solar Power System Could Cut Energy Costs to 5 Cents per kWh

Takeaways:

• Concentrated solar power uses mirrors to direct sunlight into collection towers that store the energy into the form of heat in sand, rocks or molten salt.
• This can have the potential to lower the cost of renewable energy and provide available energy at any time of the day.
• The U.S government agency has given the National Renewable Energy Laboratory $2 million to develop a prototype for this system.

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