…of the failure of government intervention in “green” energy. And of the lack of understanding of the problem by the participants. This four minute video via Deutsche Welle tells the tale.
A group of Spanish farmers, in order to “improve their pensions and to do something for the environment,” banded together to build a solar farm, Spain’s biggest cooperative solar park, an operation of solar cell collectors at roughly €90,000 per module.
The central takeaway:
[T]he modern facility is currently losing money because the conservative government has drastically cut the subsidies for solar power.
The solar farm is not economic viable, it cannot compete in the market place, without those subsidies, without OPM. The thing simply is not market ready.
The lack of understanding is in the plaints that this is someone else’s fault; it can’t possibly be a poor business decision to rely on a technology that can’t compete and that isn’t ready for prime time.
I feel swindled by my own government, by the politicians we Spaniards voted into office.
The big energy companies regard us small investors as enemies because we threaten their monopoly on the market.
Except that these “small investors” don’t have anything with which to challenge them without all that OPM to prop you up. Their enemy—and the small investors’—is that government subsidy.
One bit of slanting by DW: there is a vague reference to a tax on solar cell installations on private homes in that region of Spain. However, DW chose to provide no context for that reference: what the tax is for, how much it is, what is actually being taxed, and so on.