It is a given that the creation of CSP plants requires expert knowledge and state of the art technology coupled with good DNI conditions and land availability along with substantial funding.
Whilst emerging markets appear to have good DNI and suitable land already in the bag, technical expertise and technology is by and large being exported from abroad. Some emerging markets are now trying put limitations on CSP related importations, introducing legislation to ensure the development of local content.
By Marco Poliafico
Local content refers to the portion of the investment that is retained in the same region where the power plant is located in terms of economic benefits for the local population. This can take the form of job creation, skills development, purchase agreements with local manufacturers and the general creation of a sustainable local CSP-related industry. Indeed, local content is fast becoming one of the pre-requisites for bidders looking to develop CSP plants in emerging markets.
The question of local content becomes even more significant when considering that CSP technology is particularly suitable to...