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| Joined: | Mon Nov 21st, 2005 |
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Abengoa Solar plans to build the largest concentrating solar plants in the world in Arizona. When completed, the 250-megawatt facility known as Solana is expected to provide enough clean energy to power 70,000 homes.]
If each home consumes 100 dollars worth of power each month then how many dollars flow from 70,000 homes to the power producer?
70,000
add two zeros
7,000,000
7 million per month.
12 months per year
7 times 12
84 million dollars per year
84,000,000
Ten years:
840,000,000
Once completed, this plant will be the first large-scale solar plant in the US to actually store the energy it generates for later use — even at night.
How is the power stored? That is very interesting since electric companies (the people who run them) sell electricity at higher prices at "Peak Hours" for reasons that include a cost increase resulting from higher "Peak Hour" production rates.
Producing a lot of power during Peak Hours cost more than producing less power during non-peak hours.
Storing power allows the producer to run production at a steady rate while the store of power drains out during "Peak Hours" and the store of power fills back up during non-peak hours.
No more need to charge very high rates during "Peak Hours" when production can remain steady all day, does the price of power then go up during non-peak hours, and if so how much?
How much does power cost?
$2 billion
and
$1.45 billion
Is that power a loan from the tax payers to the electric power producers?
Ten years:
840,000,000
How about a 30 year mortgage type loan?
84 and 7 zeros times 3 will be the dollars flowing from the electric power consumers to the power producer for 30 years.
588 plus the 7 zeros (The Federal Reserve legal criminals can just add as many zeros as that wish, when they wish to have more money FYI).
5,880,000,000