Solar Thermal Energy (STE) – STE involves the generation of heat by harnessing and concentrating the energy from the sun. China is the leader in STE technology with 65% of the market share.
The rate of new installations of STE peaked in 2008 with the decreasing installation rate due to the financial and economic crisis. However, this field is seeing cumulative capacity growth each year and constant innovation leading to scale optimization and hybrid solutions combining the use of STE with other technologies.
The future
Our understanding of the market is that:
• The DES market still has substantial room for growth.
• And growth drivers are :
- Cost and technology efficiency
- Innovation and development of new technologies to enhance the efficiency of existing systems and their integration into the power grid
The Value Creation Road will be focus on:
- The strategic use of chemicals, materials, electrical equipment and data computation to boost the performance of technologies in place
- Cross-market collaborations, joint-ventures, acquisitions and start-up development
DES project
With 13 years of experience in the energy, chemicals, materials, and life sciences industries, Daydream has the experience and know-how to help our clients achieve their B2B market access goals. Daydream’s services include Market Assessment, B2B Business Development, Ideation Management, Training and Marketing Strategy study.
To request Daydream’s Point of View report on the Distributed Energy Systems (DES) market, or for further information about Daydream’s services, please send an email to: contact@www.daydream.eu or your Daydream sales contact.
