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General Electric to scrap California power plant 20 years early
reuters ^
Posted on 06/21/2019 5:52:28 PM PDT by Java4Jay
eneral Electric Co said on Friday it plans to demolish a large power plant it owns in California this year after only one-third of its useful life because the plant is no longer economically viable in a state where wind and solar supply a growing share of inexpensive electricity.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: California
KEYWORDS: california; clearwayenergy; everythingsfree; generalelectric; pge
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To: Dr. Sivana
Yep. Writing it off because of failed technology. But the lede sure is misleading about the real story.
61
posted on
06/23/2019 6:37:24 AM PDT
by
hinckley buzzard
(Power is more often surrendered than seized.)
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