Solar thermal electricity (STE) allows shifting the production of solar electricity to peak or mid-peak hours in the evening, or spreading it to base-load hours round the clock, through the use of thermal storage. Fuel back-up and hybridisation with other resources help make it reliable and dispatchable on demand, and offer cheaper options for including solar energy in the electricity mix.
STE today is based on concentrating solar power (CSP) technologies, which can be used where the sun is very bright and the skies clear. Long-range transmission lines can transport clean STE from favourable areas (e.g. North Africa) to other large consuming areas (e.g. Europe). As such, STE complements PV rather than competing with it. Today, large-scale PV plants emerge, though one important advantage of PV is that is can be built close to consumers (e.g. on building roofs).
STE lends towards utility-scale plants, but small-scale STE may find niche markets in isolated or weak grids. Firm and flexible STE capacities enable more variable renewable energy (i.e. wind power and solar PV) in the electricity mix on grids. While very high penetration of PV requires large-scale investment in electricity storage, such as pumped-hydro plants, high penetration of STE does not.
source:
http://www.evwind.es/noticias.php?id_not=14997NOTE: the link at that page gives incorrect URL for the IEA's paper:
http://www.iea.org/publications/free_new_Desc.asp?PUBS_ID=2443 I agree with this paper except in it's final conclusion: that solar can only provide 30% of world energy needs. It has been proven time and again that enough sun falls on the Earth in 90 minutes to meet our entire energy needs for an entire year. So how does that boil down to a limitation of 30%???
It's worth the read but beware the hidden prejudices and agendas against solar power.