You guys implied Luz kept operating, which was false Brightsource was a political play to pump $2B across the pond under the guise of new technology and then try to go public and unload obsolete technology on Joe Q Public, which failed.
Hard to make that boiler, turbine and flat home depot mirrors much less expensive. That technology has been around for 100 years. Sam old girl in a new dress. On Mon, Feb 24, 2014 at 5:10 PM, Jed Rothwell <[email protected]> wrote: > ChemE Stewart <[email protected]> wrote: > > THAT IS FALSE GUYS >> >> After Luz Industries' bankruptcy<http://en.wikipedia.org/wiki/Bankruptcy> in >> 1991 plants were sold to various investor groups as individual projects, >> and expansion including three more plants was halted. >> > > What is false? The plants are still in operation. The original > builder/operator was Luz, and they went bankrupt. So did the Pennsylvania > Railroad but the trains and tracks they owned are still in use. > > As I noted, Luz was forced out of business by big coal, in collaboration > with the power companies. > > There is no doubt that solar thermal is having difficulty competing with > PV solar, wind, and natural gas. PV is dropping in cost rapidly, partly > because of support from the Chinese government, which is probably dumping. > If solar thermal had been aggressively developed in the 1990s, it might be > a lot cheaper and more competitive today. Many good technologies have > fallen by the wayside because they did not get funded at the right time. > > - Jed > >
