SEGS was put into service in the 1980s (yep, about 3 decades ago). With capital costs paid off and its initial power purchase agreement (PPA) over, owners of the project have been able to put in bids for new electricity sales agreements that outcompete its competitors. In fact, it is now selling electricity to Southern California Edison for a very low rate…electricity to SCE for about 5.57 cents/kWh. That’s a very, very low price.

Meanwhile, Australia, with so much sun and wind, is the only continent on the planet to not even have CSP plant, not even for evaluation. How sad is that?

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