| Product Code: ETC5756220 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The concentrating solar power (CSP) market in Austria focuses on the deployment of solar thermal technologies that concentrate sunlight to generate heat, which is then used to produce electricity. This market supports renewable energy initiatives by providing sustainable and scalable solar power solutions. The market is driven by the increasing demand for clean energy, government incentives for renewable energy projects, and advancements in CSP technology.
Austria`s concentrating solar power market is driven by increasing investments in renewable energy infrastructure and government initiatives promoting clean energy solutions. The focus on reducing carbon emissions and enhancing energy security is accelerating the adoption of concentrating solar power technologies, which offer efficient energy generation through concentrated sunlight.
The concentrating solar power market in Austria faces challenges associated with solar energy storage, grid integration, and renewable energy policy support. With demand for solar thermal power generation, energy storage systems, and CSP technology advancements, solar power plants must offer thermal energy storage, CSP efficiency, and solar resource forecasting for electricity generation stability. Market players need to address solar project financing, regulatory incentives, and grid infrastructure compatibility for CSP deployment. Competition from photovoltaic technologies, energy market dynamics, and climate change mitigation strategies further influence market dynamics, driving investments in CSP technology innovations, hybrid renewable energy projects, and energy storage solutions to accelerate Austria`s transition to sustainable solar power generation and achieve renewable energy targets.
The concentrating solar power market in Austria benefits from policies promoting renewable energy integration and climate change mitigation. Government incentives support CSP plant development and grid integration initiatives. Financial frameworks encourage technology investments in solar thermal storage and hybrid CSP systems, fostering Austria`s transition to a low-carbon economy with efficient and scalable solar power solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Austria Concentrating Solar Power Market Overview |
3.1 Austria Country Macro Economic Indicators |
3.2 Austria Concentrating Solar Power Market Revenues & Volume, 2021 & 2031F |
3.3 Austria Concentrating Solar Power Market - Industry Life Cycle |
3.4 Austria Concentrating Solar Power Market - Porter's Five Forces |
3.5 Austria Concentrating Solar Power Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Austria Concentrating Solar Power Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
3.7 Austria Concentrating Solar Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Austria Concentrating Solar Power Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Austria Concentrating Solar Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects in Austria |
4.2.2 Growing focus on reducing carbon emissions and transitioning to clean energy sources |
4.2.3 Technological advancements leading to improved efficiency and cost-effectiveness of concentrating solar power systems |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up concentrating solar power plants |
4.3.2 Intermittency and variability of sunlight affecting the consistent generation of electricity |
4.3.3 Competition from other renewable energy sources such as wind and hydropower |
5 Austria Concentrating Solar Power Market Trends |
6 Austria Concentrating Solar Power Market Segmentations |
6.1 Austria Concentrating Solar Power Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Austria Concentrating Solar Power Market Revenues & Volume, By Solar Power Towers, 2021-2031F |
6.1.3 Austria Concentrating Solar Power Market Revenues & Volume, By Linear Concentrating Systems, 2021-2031F |
6.1.4 Austria Concentrating Solar Power Market Revenues & Volume, By Dish Stirling Technology, 2021-2031F |
6.2 Austria Concentrating Solar Power Market, By Operation Type |
6.2.1 Overview and Analysis |
6.2.2 Austria Concentrating Solar Power Market Revenues & Volume, By Stand-alone, 2021-2031F |
6.2.3 Austria Concentrating Solar Power Market Revenues & Volume, By Storage, 2021-2031F |
6.3 Austria Concentrating Solar Power Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Austria Concentrating Solar Power Market Revenues & Volume, By Less than 50 MW, 2021-2031F |
6.3.3 Austria Concentrating Solar Power Market Revenues & Volume, By 50 MW to 100 MW, 2021-2031F |
6.3.4 Austria Concentrating Solar Power Market Revenues & Volume, By 100 MW and Above, 2021-2031F |
6.4 Austria Concentrating Solar Power Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Austria Concentrating Solar Power Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 Austria Concentrating Solar Power Market Revenues & Volume, By Enhanced Oil Recovery (EOR), 2021-2031F |
6.4.4 Austria Concentrating Solar Power Market Revenues & Volume, By Others, 2021-2031F |
7 Austria Concentrating Solar Power Market Import-Export Trade Statistics |
7.1 Austria Concentrating Solar Power Market Export to Major Countries |
7.2 Austria Concentrating Solar Power Market Imports from Major Countries |
8 Austria Concentrating Solar Power Market Key Performance Indicators |
8.1 Levelized cost of electricity (LCOE) for concentrating solar power projects in Austria |
8.2 Capacity utilization factor (CUF) of concentrating solar power plants |
8.3 Number of new concentrating solar power projects commissioned in Austria |
8.4 Efficiency improvements in concentrating solar power technology |
8.5 Integration of energy storage solutions with concentrating solar power systems |
9 Austria Concentrating Solar Power Market - Opportunity Assessment |
9.1 Austria Concentrating Solar Power Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Austria Concentrating Solar Power Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
9.3 Austria Concentrating Solar Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Austria Concentrating Solar Power Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Austria Concentrating Solar Power Market - Competitive Landscape |
10.1 Austria Concentrating Solar Power Market Revenue Share, By Companies, 2024 |
10.2 Austria Concentrating Solar Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |