11–20 of 119 posts
In California the companies also systematically under-invest in capacity and maintenance, so the up-front cost of any project, even single home solar can get unpredictable fast.
At least Dr Pepper comes from Texas. There’s that to like. Everything else just always seems upside down absurd.
Quick summary: Author had money "from crypto" and wanted to create a solar power plant in Texas. After dealing with challenging mineral rights and health issues, interconnect fees to the power company were too expensive to make the project worth it.
This is a good story that taps into a lot of the systemic failings in America that hinder progress. Failure of the state to prioritize energy sufficiency over hypothetical mineral rights. Failure of utility companies to maintain their infrastructure to modern standards. Failure of governments to produce consistent and predictable business environments. Failure of bureaucracy to prepare creators and visionaries for su…
So with mineral rights in Texas, could you just buy/lease them out from under one of your rivals/enemies and just bulldoze their buildings for the lulz? "Sorry, I just really needed that teaspoon of dirt from under your multimillion dollar factory". I guess that's the whole idea of the insurance/waivers, so do you need 50% of the owners of the rights to agree? Also, I heard that Texas was the best place to build thin…
Quick summary: Author had money "from crypto" and wanted to create a solar power plant in Texas. After dealing with challenging mineral rights and health issues, interconnect fees to the power company were too expensive to make the project worth it.
Don't forget in the middle he states that this is a tax dodge on capital gains from said crypto money.
Ah yes the age old story of a rich guy without a clue diving into a new industry and failing. They should be requiring batteries with solar as well. His install would have a net negative value to the Texas grid without it.
It's a significantly bad thing if something as straightforward as buying and plugging in solar panels requires special knowledge to not get screwed over.
> His install would have a net negative value to the Texas grid without it.
Oh come on.
Quick summary: Author had money "from crypto" and wanted to create a solar power plant in Texas. After dealing with challenging mineral rights and health issues, interconnect fees to the power company were too expensive to make the project worth it.
Don't forget in the middle he states that this is a tax dodge on capital gains from said crypto money.
Sounds like you need to bribe some people. It is Texas I'm sorry. Did I say bribe? I of course meant campaign donation?