Gee, I Wonder Why?

From Fox News: Federal officials are trying to figure out why the Bureau of Land Management's first-ever auction of public land for solar-energy development failed to attract any bids.

According to the Denver Post, no bidders showed up for the first auction for three parcels of land in Colorado's San Luis Valley, even though five solar development companies had expressed interest in the land.

Three parcels covering 3,700 acres in so-called solar-energy zones were offered on Thursday. The bureau has created 19 zones for large solar projects in six Western states, encompassing nearly 300,000 acres, the newspaper reported.
"We are going to have to regroup and figure out what didn't work," Maryanne Kurtinaitis, the renewable-energy program manager for the BLM's Colorado division, told the Denver Post. "It is always tough to be the first out of the chute. This is a learning experience."
Industry officials attributed the auction's failure to uncertainties about the solar energy market and federal regulations.
Ken Johnson, a spokesman for the Solar Energy Industries, told the Post that financing large-scale solar projects remains a challenge for the industry. 
"In this particular case, there's an added issue which may have prompted developers to take a pass on the Colorado lease sale," Johnson said. "The ground rules are still very much in question. To date, BLM has yet to finalize any regional mitigation plans. Frankly, it's not smart business to commit to something until you've read the fine print."  http://www.foxnews.com/politics/2013/10/26/colorado-solar-auction-draws-no-bids/
There's no way, if I had a solar company, would I trust the Federal government.  With all the regulations they put on businesses and the way the current government goes about changing the rules when ever they want to go, it is a highly risky proposition.
Further, solar energy is not energy efficient.  Look at the solar panel field bear Nellis and Boulder City.  These solar farms take up huge areas of land but give power to very few people.
The solar farm at Nellis is a couple of square miles large but it only provides power to the base- a couple of dorms, some hangers, some official buildings and lighting around the base.  It can't even power the Air Force hospital across the street from the base or the family housing just a few blocks down Craig Rd from the base.
So, no, it doesn't surprise me that this failed and this just adds to the long list of Obama failures.