PDF Publication Title:
Text from PDF Page: 102
FUEL FROM THE SKY: SOLAR POWER’S POTENTIAL FOR WESTERN ENERGY SUPPLY During the 1991 development of the 10th plant, another regulatory issue added further grief and accelerated the end of the parabolic trough success story. The state of California recognized the greater property requirements for solar plants in comparison to conventional fossil fuel-fired power stations and, therefore, exempted the solar system part of the plant from the state prop- erty tax. This exemption expired at the end of 1990 and was not renewed until May 15, 1991. This additional constraint, combined with the December 31, 1991, requirement for interconnec- tion of the plant to benefit from the available tax credits, meant that the 10th plant had to be constructed in about seven months, a period that was not manageable without high added costs. This circumstance plus the other growing financial barriers resulted in the inability of LUZ to obtain construction financing. This situation, combined with a generally weak financial condi- tion, forced LUZ to file for bankruptcy in mid-1991. The bankruptcy of LUZ, however, did not result in closure of the nine parabolic trough plants, as each was owned by a limited partnership with a small LUZ involvement. The main need was to replace the LUZ entity that operated and maintained the plants under contract. Today, units I and II are operated by Sunray Energy; units III through VII are operated by KJC Operating Co.; and FPL Energy operates units VIII and IX. All units continue to operate with mixed success. Notably, the Kramer Junction site, with SEGS III-VII, has set performance records in recent years and has sys- tematically lowered its O&M costs. All nine plants deliver reliable power to southern California. The demise of LUZ teaches some important lessons. Consistency and stability of tax and energy policies are essential. Specifically, for highly capital-intensive new technologies, stable policies are a prerequisite in an early development stage. The unpredictable changes experienced in this particu- lar case not only exhausted LUZ financially but put additional risk and insecurity on the investors. Exhibit 43: Units III Through VII of the LUZ Parabolic Trough Solar Power Plant in the Mojave Desert, Kramer Junction, California SOURCE: National Renewable Energy Laboratories (DOE). Used by permission. 93PDF Image | Solar Fuel From The Sky
PDF Search Title:
Solar Fuel From The SkyOriginal File Name Searched:
32160.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com (Standard Web Page)