Blog
Unit 3 Micro: World’s Largest Solar Plant Opens
16th January 2012
This autumn the world’s biggest solar plant power station opened in Spain. Comprising 600,000 parabolic mirrors, the Andasol 3 CSP plant is the size of 70 soccer fields and has 88km of piping. The economies of scale are huge and if solar power is going to work and be viable anywhere it is probably here or in North Africa.
But continuing doubts about the likely generosity of feed-in-tariffs as a stimulus to investment in renewable energy are likely to hold back future capital spending in the European Union renewables industry.
That said Britain’s solar capacity shot up more than ten fold as thousands of solar panels were installed in homes and buildings in the UK to take advantage of consumer subsidies.
Manchester Evening News: How Solar Panels Can Save You Money
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.