ChemE Stewart <cheme...@gmail.com> 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
