Sunday, December 3, 2023
HomeTechnologyElon Musk might be proper about one factor

Elon Musk might be proper about one factor


It’s turn out to be an web pastime to level out all of the issues that Elon Musk is unsuitable about and all of the methods he’s unsuitable about them. An inventory of them might be an article of its personal, however in lieu of that, right here’s a hyperlink that ought to suffice.

As a substitute, this text is about one thing that Musk is nearly actually proper about: the perilous state of {the electrical} grid.

Over the previous yr and particularly previously couple months, Musk has been making the rounds at electrical utility business conferences, urging executives to take a position extra within the power transition. “I can’t emphasize sufficient: We want extra electrical energy,” Musk mentioned at one of many occasions. “Nevertheless a lot electrical energy you assume you want, greater than that’s wanted.”

Electrical utilities have been anticipating a surge in demand as governments and shoppers develop more and more bullish on electrification. Properties, enterprise and transportation all stand to learn from extra highly effective and extra environment friendly batteries, electrical motors, warmth pumps and extra. In California, which is on the forefront of electrification, PG&E is predicting that electrical energy demand will rise 70% by 2043; Edison Worldwide is forecasting 60% progress by 2045.

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