Sunset Industry: US Taxpayers Liable As Giant Solar-Thermal Power Plant (Crescent Dunes) Goes Bankrupt


Solar Thermal: Big, Shiny White Elephant.

US taxpayers are on the hook for hundreds of $millions following the spectacular financial collapse of the world’s biggest solar-thermal power plant, Crescent Dunes, situated in the Nevada desert, north-west of Las Vegas.

South Australians (victims of their government’s obsession with chaotically intermittent wind and solar) can count themselves lucky that they didn’t end up with a carbon copy of the Crescent Dunes debacle.

Back in August 2017, STT reported on efforts by the Weatherill Labor government to build a solar-thermal plant at Port Augusta with the ‘help’ of the characters behind Crescent Dunes. It was designed with a trivial 150 MW (notional) capacity, but came with an absolutely staggering $1.2bn pricetag: South Australia: Sublime One Day, Ridiculous the Next – Premier Set to Squander $1.2bn on Solar-Thermal Boondoggle

Fortunately for South Australians that big, shiny white elephant never get off the ground and Jay…

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