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This $1 billion solar plant was obsolete before it ever went online

In 2011, this $1 billion solar plant looked like the future of renewable energy. But it was obsolete before it went online

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by Anonymousreply 4January 6, 2020 10:25 PM

That's so unfortunate.

This is the worst part.

[quote]Under the Trump administration, which has mocked the push for fossil fuel alternatives, it’s easy to imagine Crescent Dunes being used as a talking point if the White House proposes to eliminate federal subsidies for renewable power, says Timothy Fox, a vice president at researcher ClearView Energy Partners LLC. Chris Edwards, the director of tax policy studies at the libertarian Cato Institute, says the feds shouldn’t invest in alternative energy.

by Anonymousreply 1January 6, 2020 9:37 PM

Only the military is allowed to have billion dollar scrapped projects and failed innovation. Healthcare, clean energy, Education, no way. Those might actually make people's lives better if they learned from their mistakes and hit upon a success.

by Anonymousreply 2January 6, 2020 9:51 PM

[quote]SolarReserve’s Crescent Dunes received backing from Citigroup and the Obama Energy Department but couldn’t keep pace with technological advances.

So it's Obama's fault again. MEH!

by Anonymousreply 3January 6, 2020 10:10 PM

Yeah, this plant is obsolete not because fossil fuels are cheaper but because solar technology has advanced so much. So Republicans are still wrong.

by Anonymousreply 4January 6, 2020 10:25 PM
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