Home News Billionaire Claims He Will Fix Energy Crisis In 100 Days Or It’s All Free!

Billionaire Claims He Will Fix Energy Crisis In 100 Days Or It’s All Free!

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Billionaire Claims He Will Fix Energy Crisis In 100 Days Or It’s All Free!

Billionaire Elon Musk may be one of the greatest inventors of our lifetime. He’s created the electric car known as Tesla, he’s created private space agency SpaceX, and he’s in the process of creating a high-speed transit system known as the Hyperloop.

Musk’s success has also placed him on the President’s business advisory council. The council is designed to brainstorm new ways to create jobs and infrastructure in the United States. But that’s not all Musk is doing…

Musk has apparently set forth a challenge to the South Australian and federal governments. He believes he can solve the state’s energy problems within 100 days or he will deliver the 100MW battery storage system free of charge.

With power outages becoming more frequent, The Guardian reported on what Tesla could offer:

“On Thursday, Lyndon Rive, Tesla’s vice-president for energy products, told the AFR the company could install the 100-300 megawatt hours of battery storage that would be required to prevent the power shortages that have been causing price spikes and blackouts in the state.”

Musk has the capacity to do what he has been thanks to his new production area in Nevada. The massive location should be able to make the challenge possible. The bet was so shocking that Mike Cannon-Brookes (Australian co-founder of Silicon Valley startup Atlassian) tweeted back to Musk asking if he was serious:

Musk replied that if he couldn’t do it, the whole thing was free:

Rive and Musk cofounded the company, ‘SolarCity,’ which produces the batteries which will hopefully address the power outages and South Australian blackouts. This won’t be the first time they build a massive battery farm. Tesla also completes one in southern California within 90 days. The Guardian also reported the need for this battery farm:

“Repeated blackouts in SA since September last year have sparked a political brawl over energy policy, with the federal government blaming the failures on the use of renewable technologies. The most recent blackout was in early February; the Australian Energy Market Operator said there were many factors behind it, including higher demand than anticipated.”

If this works out well for Musk, President Trump will probably want to incorporate some of it into the United States. Infrastructure and growth are needed for this country to thrive and it looks to be heading in that direction.

Credit: The Guardian

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