Elon Musk Calls for Reasonable Energy Transition at PG&E Summit
Elon Musk, the CEO of Tesla and SpaceX, shared his views on energy transition and sustainability at the PG&E Innovation Summit. Speaking from Italy, Musk praised PG&E's projects and discussed the need for battery buffering and increased electricity availability.
Musk emphasized the importance of a reasonable transition from oil and gas, rather than vilifying the industry. He believes that most electricity will eventually come from solar and wind power with battery storage. To facilitate this, Tesla is planning a massive battery storage factory in Houston, Texas, with a capacity of 50 gigawatt hours per year for its new Megapack 3. This facility is set to start operations in the second half of 2026, aiming to reach a total annual Megapack capacity of 130 gigawatt hours alongside Megafactories in California and China.
Musk thinks battery buffering is crucial at various levels, including power plants, homes, and businesses, to increase total electricity availability. He praised PG&E's productive projects, such as big battery installations and PowerWall backup switches. Musk predicts that electrical output will triple to support this transition to a sustainable energy future where everything is electric.
Looking to the future, Musk discussed the need for more energy in space and expressed his concern about the potential dangers of digital superintelligence, stressing the need for regulatory oversight.
Elon Musk's vision for a sustainable future involves a reasonable transition from oil and gas, increased battery buffering, and a significant boost in electrical output. With Tesla's planned battery storage factory in Houston, the company aims to contribute to this transition. Meanwhile, Musk also looks to the stars, advocating for more energy in space, and acknowledges the potential risks of digital superintelligence, emphasizing the need for oversight.
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