Government's Energy Gamble: Lessons from the Failed Ivanpah Solar Project
2025-02-01
The Ivanpah solar project, a massive concentrated solar power plant, ultimately ended in failure. Despite significant government investment, it proved unprofitable due to technological flaws and high costs, even causing numerous bird deaths. This raises questions about the government's continued investment in high-risk clean energy technologies. While Ivanpah failed, overall government investment in renewable energy has been successful, driving progress in solar photovoltaic technology and fostering the growth of the clean energy industry. However, government investments carry risks, requiring careful project selection and rigorous evaluation to prevent similar failures.