Nationalize the Grid, and Empower Local Companies to Build Solar

Ten years ago, in 1998, New Mexico’s largest investor-owned utility, PNM, solicited bids to build a 5 megawatt solar electric power plant. Had the project gone forward, it would have been the world’s largest operating solar-electric power plant. But the project was stopped when 28 small solar companies in New Mexico, including my own, filed an objection.

Now, ten years later, investor-owned utilities are contemplating another solar power plant – this one about 20-times the size of the last one. It’s too early to tell whether the same mischief will take place, but we can say with certainty that this project is based on the same, poor premise of putting investor-owned utilities in control of renewable energy.

The full commentary is posted here. 

News Stories This Week:
Crude Oil Prices Fall as U.S. Consumption Declines
Depletion-Tax Policies Need to be Strengthened
Utilities in New Mexico Seek Solar Power

Download (.m4v, 30MB)