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The plant requires more upkeep than most solar plants. It sounds strange that a staff of "dozens" would make it unprofitable, though — most coal/oil/gas plants
by Arnt 7y ago
The plant requires more upkeep than most solar plants.
It sounds strange that a staff of "dozens" would make it unprofitable, though — most coal/oil/gas plants employ dozens of people and pay for their fuel.
- deogeo 7y agoBut it's not competing directly with solar plants, but only with the price it's able to sell electricity at. That there are some new solar plants being built that are more efficient is irrelevant, at least until there are so many of them they push down the price of electricity.
- woodandsteel 7y ago> at least until there are so many of them they push down the price of electricity. Which will happen long, long before the capital cost of this plant could be paid off.
- Arnt 7y agoWhich ought to mean that the company that owns the plant goes bankrupt, the plant itself is sold by the receivers, and the new owner runs the plant profitably... IFF its operating cost is low enough, which ought to be those dozens of staff and the materials they need.