This article in (paywalled) Financial Times is called “The Story Behind Spain’s Solar Power Meltdown”. But the “meltdown” turns out to be in the price of solar power following an extraordinarily successful implementation effort. So maybe it’s a meltdown for some corporations and their investors who created too much capacity in the short term, but it has resulted in abundant renewable energy, which has to be good for the long term.
The other issue apparently is that Spain and its electrical industry did not invest enough in their electric grid and storage capacity at the same time they invested in all this supply, and that has also caused issues. Recent blackouts have been blamed on solar power, whether that is really fair or not (this article says mostly no).
Spain may be sunnier than many parts of the US, but certainly not the desert southwest. I think the lesson here is that solar supply probably doesn’t need government subsidies any more to take off. It may need a level playing field, in other words dirtier, less efficient fossil fuels not to be unfairly subsidized with our taxpayer money while propaganda convinces us the opposite is happening. But the grid, vehicle charging, and storage infrastructure seems like it still needs government help to get over the hump. That is not where the political winds are blowing at the moment, but political winds eventually shift in the face of overwhelming economic forces. Just check in with the coal industry on that one.
