Monday, July 30, 2012

Crybaby Reid Wants To Raise Our Electrcity Rates

When you live in the Ritz Carlton in Washington D.C., you lose touch with the people back home in Nevada, and that is what happened to Crybaby/Coward Harry Reid.
From the LVRJ: Sen. Harry Reid on Monday applied pressure to Nevada's chief electricity provider to get behind a $5 billion solar project that a Chinese company wants to build near Laughlin.
Reid said the ambitious complex envisioned by ENN Mojave Energy "would start tomorrow if NV Energy would purchase the power," but the company "has not been willing to work on this and that's such a shame."
The Senate majority leader's remarks were the linkage of the Nevada utility and the clean energy project. Previously, the project was aimed at serving utilities in California, where state officials now say they have no interest in importing power from other states.  http://www.lvrj.com/news/reid-pressures-nv-energy-to-back-laughlin-solar-project-164344566.html
Thankfully and showing that Crybaby Reid is losing his clout in Las Vegas and Nevada, NV Energy is not listening to the Crybaby.
Also from the LVRJ: Responding to Reid, an NV Energy spokeswoman said the utility is not in the market for more renewable energy at this time, having exceeded the state's requirement that 15 percent of its portfolio originate from clean sources.
The company does not plan to issue new requests for power until 2014 and 2015, and will do so through competitive bidding, said Jennifer Schuricht.
"NV Energy would certainly welcome a bid from ENN when we issue the next RFP (request for proposals), and their success, like all other projects, would be dependent on the benefits, especially price, that they can demonstrate for the customers of NV Energy," Schuricht said in a statement.
That might be too late for ENN. According to Bloomberg Businessweek, the company's land deal with Clark County would be voided if it can't find a power customer by next June.
ENN wants to buy 5,400 acres for a photovoltaic power plant and solar-panel factory that advocates say could employ 2,000 people and trigger an economic boon in the southern tip of the state. 
Good for NV Energy.
And then this:  Reid also has a personal stake in the matter. He has played a key role in introducing Nevada to ENN, a Chinese conglomerate looking to invest $8 billion in U.S. clean energy over the coming decade. Reid has toured ENN facilities in China, and its chairman, Wang Yusuo, spoke last summer at Reid's annual clean energy summit in Las Vegas.
Yep, and watch Reid become a lobbyist for the Chinese after he resigns when he loses the majority post in January.
Anyways, this project by Laughlin is nothing but a taxpayer boondoggle that has little support and little chance of succeeding without massive government bailouts.  This project would make Solyndra look like the change in my car's coin tray.

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