Concentrated Solar Power – Will It Have Its Day?

Why wouldn’t a country sitting on the world’s biggest oil reserve simply keep drilling? It’s because the more renewable energy they consume at a reasonable cost, the more oil they can sell at a profit.
The Saudis find CSP to be cost-effective, or they wouldn’t be doing it. And needless to say, they’re not prone to make silly mistakes in financial mathematics. (Shown above: Prince Alwaleed bin Talal seated on his wide-body jet, shortly after announcing that he was suing Forbes Magazine for underestimating ($20 billion) his $29 billion net worth.)









