Did You Want Electricity with Your Fried Eagle?
Let’s see now. The controversial Ivanpah Solar Electric Generating System, financed with $1.5 billion in federal loans, using sunlight reflected from 170,000 mirrors to heat boilers atop 450-foot-high towers, received on average $200 per megawatt-hour during summer months and $135 for the rest of the year but is likely to go bust. Meanwhile, PG&E pays $57 […]
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