Different fluid compositions have been considered as heat transfer fluids (HTF) for concentrating solar power (CSP) applications. In linear focusing CSP systems synthetic oils are prevalently employed; more recently, the use of molten salt mixtures in linear focusing CSP systems has been proposed too. This paper presents a comparative assessment of thermal oils and five four nitrate/nitrite mixtures, among the ones mostly employed or proposed so far for CSP applications. The typical medium-size CSP plant (50 MWe) operating with synthetic oil as HTF and the “solar salt” as TES was considered as a benchmark. In the first part of the paper, physical properties and operation ranges of different HTFs are reviewed; corrosion and environmental issues are highlighted too. Besides an extensive review of HTFs based on data available from the open literature, the authors report their own obtained experimental data needed to thoroughly compare different solutions. In the second part of the paper, the impact of the different HTF options on the design and operation of CSP plants are analyzed from techno-economic perspectives.