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Green Fail: Billion-Dollar Solar Power Plant was Obsolete Before it Even Opened

In an example of green energy failure, a huge solar power facility that the Obama administration spent $1 billion to build was obsolete before it even opened.

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In an example of green energy failure, a huge solar power facility that the Obama administration spent a cool one billion dollars to build was obsolete before it even opened.

Nice going, Obama.

The futuristic looking Crescent Dunes solar plant may look impressive with its ten thousand mirrored panels spiraling for two miles across the Nevada desert, but the word “boondoggle” describes the facility better than anything else.

As Bloomberg describes the plant situated in the desert near Tonopah, between Reno and Las Vegas:

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In 2011 the $1 billion project was to be the biggest solar plant of its kind, and it looked like the future of renewable power. Citigroup Inc. and other financiers invested $140 million with its developer, SolarReserve Inc. Steven Chu, the U.S. Department of Energy secretary at the time, offered the company government loan guarantees, and Harry Reid, then the Senate majority leader and senior senator from Nevada, cleared the way for the company to build on public land. At a Washington celebration of SolarReserve’s public funding, Chief Executive Officer Kevin Smith told the assembled politicians, “We’re proud to be doing our part to win the future.”

Sadly, all that celebration and promises quickly fell apart for the Crescent Dunes project:

…today the company doesn’t rank among the winners. Instead, it’s mired in litigation and accusations of mismanagement at Crescent Dunes, where taxpayers remain on the hook for $737 million in loan guarantees. Late last year, Crescent Dunes lost its only customer, NV Energy Inc., which cited the plant’s lack of reliability.

The power plant was supposed to supply the nearby town of Sparks, Nevada, with all the power it would ever need.

But in the end, it never even came close.

Bloomberg added:

The steam generators at Crescent Dunes require custom parts and a staff of dozens to keep things humming and to conduct regular maintenance. By the time the plant opened in 2015, the increased efficiency of cheap solar panels had already surpassed its technology, and today it’s obsolete—the latest panels can pump out power at a fraction of the cost for decades with just an occasional hosing-down.

Now, the whole boondoggle sits idle in the desert, shut down and providing no power to anyone.

Yeah. Thanks, Obama.

Follow Warner Todd Huston on facebook.com/Warner.Todd.Huston.

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Green Energy

Alexandria Ocasio-Cortez Cited As Tax Dollar Wasting ‘Porker of the Year’ for 2019

New York Democrat Alexandria Ocasio-Cortez has been cited as the tax dollar wasting “Porker of the Year” for 2019, a report says.

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New York Democrat Alexandria Ocasio-Cortez has been cited as the tax dollar wasting “Porker of the Year” for 2019, a report says.

Government watchdog group Citizens Against Government Waste announced its “2019 Porker of the Year” awards naming Ocasio-Cortez the worst member of Congress because of her sponsorship of the farcical Green New Deal.

CAGW President Tom Schatz said that Ocasio-Cortez received a majority 54 percent in his organization’s online poll.

Ocasio-Cortez easily beat out Senator Elizabeth Warren of Massachusetts, who garnered 25 percent.

“The results are not surprising, as Rep. Ocasio-Cortez’s $93 trillion proposal exemplifies the Congress’s failure to protect the taxpayers’ hard-earned money, “Schatz said. “For pushing a radical plan that would destroy the American economy, Rep. Ocasio-Cortez deserves the distinction of 2019 Porker of the Year.”

The group added:

In February, Rep. Ocasio-Cortez introduced H. Res. 109, to recognize “the duty of the Federal Government to create a Green New Deal,” through a “10-year national mobilization effort” to drastically remake the U. S. economy. Her bill would be a disaster for American taxpayers for a litany of reasons that are difficult to count. The American Action Forum estimated that the total cost of the proposal would be $93 trillion. To put that figure in perspective, it would more than quadruple the current national debt of $22 trillion that the United States has accumulated in the last 240 years. Rep. Ocasio-Cortez and her allies have yet to submit a plan that comes even remotely close to paying for this tsunami of new spending.

The group continued:

Rep. Ocasio-Cortez’s own office admitted, in a document they later had to disavow, that some of their goals were to, “replace every combustion-engine vehicle” and create rail systems so that “air travel stops becoming necessary,” and to provide, “economic security for all who are unable or unwilling to work.” To be fair, they had to grudgingly admit that, “we aren’t sure that we’ll be able to fully get rid of farting cows and airplanes that fast.” Yes, farting cows are apparently a huge concern to the American people.

CAGW is the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government. Porker of the Year is a dubious honor given to a lawmaker, government official, or political candidate who has shown the most blatant disregard for the interests of taxpayers throughout the year.

Follow Warner Todd Huston on facebook.com/Warner.Todd.Huston.

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