Right,

Not cost effective.  No they are a competitor to trough technology and
UNPROVEN. I can build a 300 MW Natural Gas Plant for $500M, not $2.2B.  It
has been really cold this winter so I say fire up the gas turbines until
something better comes along


On Mon, Feb 24, 2014 at 4:44 PM, Jed Rothwell <[email protected]> wrote:

> ChemE Stewart <[email protected]> wrote:
>
> Luz was trough technology and Solar thermal oil. Luz went BANKRUPT
>>
>
> Yes, they did. Do you know why? Because they could not get contracts to
> supply enough electricity. The power companies forced them to scale down
> their plants again and again, to the point where they were not cost
> effective. And do you know why the power companies did that? Press reports
> say they did it as a favor the fossil fuel industry, with whom they are
> Best Friends.
>
> The plants now being built evolved from trough technology. They are an
> improvement on that. Technology tends to improve when you build more and
> more things. If the power companies and the fossil fuel companies had not
> driven Luz out of business, by now solar thermal would probably be far
> cheaper than coal, natural gas, wind or nuclear. That is according to many
> projections made over the last 30 years.
>
> - Jed
>
>

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