27 Apr '12, 2am

How Californians are Getting Cheap Renewable Energy

How Californians are Getting Cheap Renewable Energy

How often we hear of a nuclear plant or a coal plant having been delayed, and with cost overruns, for which the ratepayer must foot the bill. But those projects plow on, costing more and taking longer, as more things go wrong. By contrast, we are not hearing about cost overruns on renewable energy contracts. Why is that? I discovered the answer in reading through this excel file of all the renewable energy contracts signed with the big three California utilities. I had separated out just the ones over 100 MW (there’s 110) and noticed that 18 have been canceled, and that of the 18 that were canceled, they first had delays. Some were having trouble getting transmission. And though some of those that got delayed have come online since, or have a delivery date that is pushed back a few months to a year, of all of the contracts that have been canceled, the projects were first d...

Full article: http://cleantechnica.com/2012/04/26/how-californians-are-...

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