No Bids on Solar Auction

You'd hate to throw a party, and no one comes.   That appears to be the situation with the first auction of rights to develop a solar energy facility on federal land. No bidders showed up for the solar auction at San Luis Valley, CO.  Some cited the uncertainty of the cost of  mitigation that might be required for development at the site, or a lack of a market for the power at the cost of generation.   It's further proof that solar power is still not competitive with fossil fuels, unless subsidies are available.