One of the world’s leading developers of solar energy says that solar tower technology with storage will be competitive with baseload gas generation by 2020, and able to perform similar functions without the emissions.

Abengoa, the Spanish owned developer of a range of concentrated solar power (CSP) technologies, as well as solar PV, says the dramatic falls in capital costs, and rising efficiency levels, means that large scale CSP will be competing with combined cycle gas turbines on cost, efficiency, and utility by the end of the decade.