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Notes on why an all-electric world is wishful thinking.
By Ronald Stein ~
When I read the WSJ article “The Best-Laid Energy Plans” referencing Government planning and subsidies that were supposedly intended to make America the world’s green-electricity superpower, create millions of jobs, and supercharge the economy. It brings to mind the most terrifying nine words in the English language: ” I’m from the government, and I’m here to help.”
In pursuit of a way to store the daytime intermittent electricity from solar panels, for use when the sun is not shining, the reality is closer to the financial failure at Crescent Dunes. This being a Nevada solar-energy plant that went bust after receiving a $737 million federal loan guarantee. No worries. It’s only taxpayer money,
Crescent Dunes was the first concentrated solar power system that generated solar power by using mirrors or lenses to concentrate a large area of sunlight onto a receiver plant with a central receiver…
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Tallbloke's Talkshop 
More on the Crescent Dunes fiasco…
‘The plant suffered several technical problems, and substantially missed its intended 50% capacity factor, only achieving about a 20% capacity factor in 2018, resulting in lawsuits and changes of control.[7][8][9] The site has not produced power since April 2019 and its sole customer, NV Energy, subsequently terminated their contract.’
https://en.m.wikipedia.org/wiki/Crescent_Dunes_Solar_Energy_Project
How to waste a billion dollars.
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UPDATE:
Sunset Industry: US Taxpayers Liable As Giant Solar-Thermal Power Plant (Crescent Dunes) Goes Bankrupt
January 21, 2020 by stopthesethings
as a metaphor for energy –
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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand. Milton Friedman.
J.D. Power survey finds consumers continue to lack confidence in future mobility technologies
25 January 2020
For automakers it is critical that the coming wave of new products stimulates new consumer demand. Otherwise, too many products will continue to chase too few customers, which will be financially disastrous for many automakers.
https://www.greencarcongress.com/2020/01/20200125-jdp.html
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When’s that lack of confidence likely to change?
[…] über U.S. Continues To Dump Funds Into An Electrical Sinkhole — Tallbloke’s Talkshop […]
Sinkhole champ…
DC Solar Owners Plead Guilty to Largest Ponzi Scheme in Eastern California History
Friday, January 24, 2020
Top Executives Plead Guilty to Participating in a Billion Dollar Ponzi Scheme—the Biggest Criminal Fraud Scheme in the History of the Eastern District of California