Michael Giberson
Bloomberg reports on fraud via Spain’s subsidized feed in tariff rate for solar power:
Preliminary evidence shows some solar stations may have run diesel-burning generators and sold the output as solar power, which earns several times more than electricity from fossil fuels, El Mundo said, citing unidentified people from the energy industry. The power grid received 4,500 megawatt-hours of power from midnight to 7 a.m. in the months audited, El Mundo said.
HT Arizona Economics and Coyote Blog.
