To: hecticskeptic
What was it supposed to produce versus what it actually is producing?.....Solar or wind CAN’T produce enough to matter, under ANY circumstance. This is ANOTHER instance of crony capitalism.
37 posted on
03/18/2016 12:49:48 PM PDT by
Safetgiver
(Islam makes barbarism look genteel.)
To: Safetgiver
Even crony capitalism projects have expectations.... even if they are wildly inflated and unrealistic.
38 posted on
03/18/2016 12:58:31 PM PDT by
hecticskeptic
(In life it's important to know what you believe�.but more more importantly, why you believe it.)
To: Safetgiver
http://www.nasdaq.com/article/ivanpah-solar-plant-may-be-forced-to-shut-down-20160316-01147 I found this quote in an article at this link.....
Power from the two Ivanpah units that serve PG&E last year fetched about $200 a megawatt-hour on average during summer months, and about $135 a megawatt-hour on average the rest of the year, according to sales data from the Federal Energy Regulatory Commission. That compares to an average price of $57 a megawatt-hour for solar power sold under contracts signed in 2015, according to Bloomberg New Energy Finance. Power from natural-gas plants went for $35 a megawatt-hour on average in California's wholesale market last year, according to a Wall Street Journal analysis of data compiled by the Energy Department. PG&E negotiated the contracts in 2009, when solar power prices were much higher. "We think PG&E could negotiate a better price," said Karin Hieta of California'sOffice of Ratepayer Advocates, which believes PG&E should cancel the contract or rework the deal. The portion of the Ivanpah plant that supplies PG&E in 2014 generated 45% of the electricity the state commission expected under the power contracts, and 68% in 2015, according to a Wall Street Journal analysis of federal data and state documents.So is it a technical problem that the plant supply is so low? Or is it because it being limited to those production levels because their costs are so high and they can find cheaper power elsewhere that still meets their arbitrary percent renewable criteria?
39 posted on
03/18/2016 1:14:40 PM PDT by
hecticskeptic
(In life it's important to know what you believe�.but more more importantly, why you believe it.)
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