Ivanpah Solar Plant Could Be Soon Shut Down For, Get This, Not Producing Enough Power

Remember earlier when we read that Hillary wants to Bankrupt the Coal Industry. We now have solar falling short of the demand. This was a waste of taxpayer dollars and Hillary still wants to double down on "Green" energy. Stupidity is leading the way rather than engaging their brain.

Color me shocked!

(Daily Caller)  California regulators may force a massive solar thermal power plant in the Mojave Desert to shut down after years of under-producing electricity — not to mention the plant was blinding pilots flying over the area and incinerating birds.

The Ivanpah solar plant could be shut down if state regulators don’t give it more time to meet electricity production promises it made as part of its power purchase agreements with utilities, according to The Wall Street Journal.

Ivanpah, which got a $1.6 billion loan guarantee from the Obama administration, only produced a fraction of the power state regulators expected it would. The plant only generated 45 percent of expected power in 2014 and only 68 percent in 2015, according to government data.

This is what happens when Big Promises are made on technology that is less than viable. That $1.6 billion could have been spent on research and development to produce solar that works well. Nope. Had to go to an Obama donor (also, Harry Reid). The cost is rated at $200 a megawatt hour, almost 6 times the cost of natural gas. Said natural gas is also need to supplement the running of the plant, since it apparently cannot produce enough electricity to run itself.

And, the plant has till July 2016 to supply more power or it could be shut down. Which could mean big problems, considering that the owners asked for a $539 million grant to help pay of the $1.6 federal loan.

One has to wonder, if this technology is so great, why is it necessary to finance it with taxpayer money? If it worked well, the private sector would be dumping oodles of their own money into it.

http://www.thepiratescove.us/2016/03/18/ivanpah-solar-plant-could-be-soon-shut-down-for-get-this-not-producing-enough-power/