More information about a previously reported boondoggle.
Dave Stevenson writes this:
It is astonishing you are not allowed to know what the Dover Sun Park is costing you. The total added cost of the Sun Park compared to using conventional power over the twenty year contract will be $93 million or almost $5 million a year! The total generation cost for power will average about three and a half times the cost of conventional power or thirty six and a half cents a kilowatt-hour. But, you say, won’t the savings in greenhouse gas generation be worth it? Using the current value of carbon dioxide emission permits in the regional cap and trade market the Dover Sun Park carbon offsets are worth less than $25 thousand a year. Calpine switched from coal to natural gas at the Edge Moor electric generating plant saving money and a years’ worth of sun park carbon emissions every five days.
Below is a link to a post I did about the Dover Sun Park in 2009 and the CRI article.
