Until 2010, solar thermal power stations based on parabolic trough concentrating collectors can become a competitive option on the world＇s electricity market, if the market extension of this mature technology is supported by a concerted, long-term programme capable of bundling the forces of industry, finance, insurance and politics. Technical improvements based on the experience of over ten years of successful operation, series production and economies of scale will lead to a further cost reduction of 50 % and to electricity costs of 0.06 - 0.04 US$/kWh for hybrid steam cycles and hybrid combined cycles, respectively. Until 2010, a capacity of 7 GW will be installed, avoiding 16 million tons of carbon dioxide per year. The programme comprises an investment of 16 billion US$ and requires external funding of 6 %.