BrightSource estimates worldwide market for solar thermal electricity generation to exceed $200 billion by 2020 as a result of the continued focus on clean energy worldwide. Yet reliability and cost are and will remain top priorities for utilities. Our technology responds dynamically to both.
Estimates indicate that more than 50% of global oil reserves require enhanced oil recovery. EOR enables oil producers to recover significantly more oil from sub-surface, highly viscous reservoirs. Conventional production captures only 10-30% of oil in such reservoirs.