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As someone who’s done financial modeling for energy projects. If you miss by 100% before groundbreaking, management is incompetent or the engineers designing the thing are. With this track record, I’d bet $100 the $120/mwh unsubsidized rate (that’s already 100% higher than the rate published 18 months ago) is increased by another 100% before the first concrete is poured. Probably even odds that if they finish this project, they’re north of $300/mwh unsubsidized.



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