Blowing Sunshine Up Yer Skirt

whoda thunk?

Remember the Ivanpah solar electric generating plant?

“Previously” »

The $2.2 billion plant, which launched in February, is at Ivanpah Dry Lake near the California-Nevada border.

Plenty of sunshine out there…

…the Ivanpah plant does not generate energy using photovoltaic solar panels. Instead, it has more than 300,000 mirrors, each the size of a garage door. Together, they cover 1,416 hectares. [3,500 acres/5.5 mi2 in America]

…Each mirror collects and reflects solar rays, focusing and concentrating solar energy from their entire surfaces upward onto three boiler towers, each looming up to 40 stories high. The solar energy heats the water inside the towers to produce steam, which turns turbines that generate enough electricity for 140,000 homes.

Very hi-tek. Also in the neighborhood:

Golf. In the heart of the Mojave. Nice…
[don’t know if the golf course being right next to a ginormous power plant is related at all…]

Workers at a state-of-the-art solar plant in the Mojave Desert have a name for birds that fly through the concentrated beams of solar energy focused upward by the plant’s 300,000 mirrors — “streamers,” for the smoke plume that comes from birds that ignite in midair.

It gave us this!

Gloooogle’s noo, penultimate gloooogle-doodle:

But uhooooh….. Some sort of …miscalculation occurred.

A[n] NRG [”en-er-gee” — geddit? *nudge*nudge*] spokesman blamed the weather, saying the sun didn’t shine as often as years of studies predicted.

No sun. In the Mojave desert. hm…

The desert region—thanks to its elevation and clear, dry air—receives reliable sunlight 330 to 350 days per year.

hm…

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.

aaaaanyway

After already receiving a controversial $1.6 billion construction loan from U.S. taxpayers, the wealthy investors of a California solar power plant now want a $539 million federal grant to pay off their federal loan.

So what’s all this about the wealthy investors?

The Ivanpah solar electric generating plant is owned by Google and renewable energy giant NRG, which are responsible for paying off their federal loan.

…”This is an attempt by very large cash generating companies that have billions on their balance sheet to get a federal bailout, i.e. a bailout from us – the taxpayer for their pet project,” said Reason Foundation VP of Research Julian Morris. “It’s actually rather obscene.”

…”They’re already paying less than the market rate,” said Morris, author of a lengthy report detailing alleged cronyism and corruption in the Obama administration’s green energy programs. “Now demanding or asking for a subsidy in the form of a grant directly paying off the loan is an egregious abuse.”

…NRG doesn’t see it that way, telling Fox News the money is there for the taking. “NRG believes in a clean and sustainable energy future and therefore participates in available government programs to develop and expand the use of clean energy to accelerate America’s energy independence.” In 2013, the Obama administration handed out $18.5 billion in renewable energy grants, with $4.4 billion going to solar projects.

hm…

Looks like it might be a racket, doesn’t it?

BrightSource [the former shell company] came under scrutiny by the House Oversight and Government Reform Committee and investigators found the company received direct “guidance and support from the White House” for how it obtained its $1.6 billion in federal loans.

Direct. Guidance. from The White House.

hm…

12 Comments!

  1. geezerette
    Posted November 10, 2014 at 12:04 pm |

    That White House being the Obama White House right? Because the White House is just a building—– it’s who’s in it that counts. This President can’t blame the White House for his screw ups— because it’s his White House— The Obama White House.

  2. geezerette
    Posted November 10, 2014 at 12:05 pm |

    Oh and not one person who knew about this did anything about it. What the hell it’s just tax payers dollars for the next 50 years.

  3. Jess
    Posted November 10, 2014 at 12:07 pm |

    If they don’t get the bailout, they’ll go bankrupt, and the money will be gone forever; unless the justice department treats it like the organized crime it is, and seizes the assets of all involved.

    I have a feeling this will all be swept under the rug to putrefy, until the next election.

  4. Fawkes News (Fun Lovin' Thought Criminal)
    Posted November 10, 2014 at 1:38 pm |

    The sun didn’t shine as much because of Gorebull Worming, no doubt.

  5. DougM (paleface™)
    Posted November 10, 2014 at 2:00 pm |

    Jess 3^
    A Democrat-run FedGov is organized-crime.

  6. geezerette
    Posted November 10, 2014 at 2:22 pm |

    I doubt if there’s any more room in under that rug.

  7. Mojo
    Posted November 10, 2014 at 2:58 pm |

    “…then I was SURE it was a rip.”
    – Robbie Robertson, The Last Waltz

  8. rickn8or
    Posted November 10, 2014 at 3:37 pm |

    A Democrat-run FedGov is organized-crime.

    You call that organized ??

  9. dick, not quite dead white guy
    Posted November 10, 2014 at 5:13 pm |

    NRG CEO [David Crane] is one of the leading voices in the power industry on the topic of climate change and the need for curbing carbon emissions, and he was one of the first U.S. power industry CEOs to publicly call for mandatory climate change measures.
    Crane did not get into “renewable” energy until….wait for it….2009 and 5 of 12 NRG lobbyists previously worked for the Federal government. NRG has received $5.2 billion in stimulus funds to date.
    Crony capitalism anyone?

    NRG Senior Vice President and Regional President, West [John Chillemi] serves on the board of directors for the California Foundation for the Environment and the Economy, the California Council for Environment and Economic Balance

    Whore or hypocrite?

  10. Fawkes News (Fun Lovin' Thought Criminal)
    Posted November 10, 2014 at 5:30 pm |

    Whore or hypocrite?

    Yes.

  11. Ironic in Denver
    Posted November 10, 2014 at 9:10 pm |

    So what’s all this about the wealthy investors?

    Having made significant Dem campaign contributions investments, the wealthy investors expect to be repaid from the public purse, with interest.

  12. Ironic in Denver
    Posted November 10, 2014 at 9:18 pm |

    r.e.: geezerette 6 — news release just in, “Today, the Federal Government signed a multi-year contract to be supplied with much bigger rugs from several companies controlled by wealthy Democrat campaign donors in a no-bid procurement process that would make Halliburton green with envy.”

    Mojo 7: Nice cultural ref., and oh-so apropos.