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For utility-scale power generation, the lowest cost technology for eight-hour storage in 2050 is thermal energy storage using concentrated solar thermal power.
Here we demonstrate a promising flat-panel solar thermal to electric power conversion technology based on the Seebeck effect and high thermal concentration, thus enabling wider applications.
Solar thermal energy uses the concentrated heat of the sun to create steam, which turns a turbine and creates a clean, renewable power source.
In the United States, at least, solar thermal has been undercut by cheap natural gas and by the plummeting cost of power from solar photovoltaic plants, which use conventional solar panels.