Monday, November 17, 2014

Hmmm... first they 'borrow' a bunch of our money to build this place,

now they want a grant of OUR money to pay back the loan.  AND they're not generating the power they said they would.  AND they're still frying birds(wonder just how many).

And who are they?
The Ivanpah solar electric generating plant is owned by Google and renewable energy giant NRG, which are responsible for paying off their federal loan. If approved by the U.S. Treasury, the two corporations will not use their own money, but taxpayer cash to pay off 30 percent of the cost of their plant, but taxpayers will receive none of the millions in revenues the plant will generate over the next 30 years.
'Don't be evil' my ass.

But since then the plant has not lived up to its clean energy promise. According to the U.S. Energy Information Administration, the plant produced only about a quarter of the power it's supposed to, a disappointing 254,263 megawatt-hours of electricity from January through August, not the million megawatt-hours it promised.

A NRG spokesman blamed the weather, saying the sun didn't shine as often as years of studies predicted. However by the four-year mark, NRG has "every confidence that the plant will function as anticipated for the life of the facility,"according to the company.
'The sun didn't shine enough'.  In the freakin' desert.

...will function as anticipated...  Makes you wonder just who anticipated, and what, doesn't it?

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