California's Failed $2.2b Ivanpah Solar Power Facility Is Shutting Down
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The Ivanpah Solar Power Facility, a $2.2B project in California, is shutting down, raising concerns about the viability of large-scale solar power projects and the impact of government subsidies.
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Did this die for being .. unfashionable? Not enough power for capex? Too unusual against other emerging modes of power gen?
Using gas a fill-in suggests the thermal mass was grossly inadequate. Maybe backfill of newer solar-thermal tech defeated them.
Do we have any significant solar thermal power generation systems in the world any more? Or just demonstrator and research facilities?
Also, whats the site restitution burden like? Do they dismantle, or try to find a private buyer (bitcoin...)
https://web.archive.org/web/20130629173557/http://www.google...
It was a good idea when they planned it but solar PV prices dropped dramatically and were predicted to fall further.
Batteries doing the same was the final nail in its coffin.
Couple that with Califormia's whether, where years with average heat and rainfall are uncommon, instead swapping back and forth between extremes every few years, and about every decade you get a summer so hot that we don't have enough power generation to run everyone's air conditioners.