by Michael Bastasch • The 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. Continue reading
by Peter Roff • The Hill
Some of solar energy’s more persuasive advocates have some people believing the age of free, homegrown electricity is just around the corner. Of course they had folks believing that in the 1970s, back when Jimmy Carter put solar panels on the White House and wore a sweater when the weather started to cool.
The basic fact, as true today as it was then, is that solar energy – like many of the so-called green energy alternatives to oil, to coal, to natural gas, and to nuclear power – is too expensive for most consumers to utilize unless accompanied by generous subsidies at just about every level of the process.
Some solar panels are manufactured by companies that have received direct subsidies or loan guarantees from the federal government — and if those companies fail (remember Solyndra) the taxpayers are the ones who make it possible for the investors to recoup the money they put at risk. Continue reading
“Funneling taxpayer money to support green energy distorts the market and creates a huge amount of economic inefficiency — like a homeowner being pressured to use Uncle Bob for home repairs, even though the work is slow, poor quality and needlessly expensive, just because he’s family.”
by Merrill Matthews
Did President Obama somehow become the most pro-energy president in decades? You could be forgiven if that was your take-away from his comments on energy policy in his State of the Union speech.
But applying the Truth-o-Meter to several of his claims reveals a very different administration than the one on display during Obama’s speech.
Claim 1. “We produce more oil at home than we have in 15 years.”
The vast majority of increased oil and gas production has come from drilling on private lands, over which — thankfully — the Obama administration has no control. Continue reading