Major Shift Underway in Electric Sector
Elon Musk, the entrepreneurial visionary developing new modes of transport on earth and in space, ventured into the lion’s den of utility executives today and told them to brace for change.
Musk said that the growth of electric transport will accelerate, contributing towards a doubling of electric utility demand in the long term. About one-third of all electric power will come from distributed generation, including growing amounts of solar generation, according to Musk.
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