1stBigHank t1_jdp2ko2 wrote
The sun doesn't shine at night, so every solar panel drops offline. Wind doesn't always blow, got to cover those low points. Energy storage is needed. It's a mater of scale. We don't have the batteries to store that kind of power.
https://en.wikipedia.org/wiki/Muddy_Run_Pumped_Storage_Facility is a comparable facility.
Taking property without proper compensation is wrong. So pay them double what the land is worth. Half in cash now, and half in stock in the new power company. Power companies make money, having part ownership is money every year for them and their heirs.
Aggravating_Foot_528 OP t1_jdq9mw0 wrote
With eminent domain you can only give cash to the people you are taking land from. You can't give stock.
Also, go look at the 5.year timeline for PG&E stock.
Viewing a single comment thread. View all comments