28 Jul '16, 12pm

Musk And Straubel Talk Model 3 Ramp And Solar Power - Gas 2.0

Musk And Straubel Talk Model 3 Ramp And Solar Power - Gas 2.0

Many traditional utility companies are not at all happy about individuals and companies making and sharing their own solar power. They have been protected monopolies for more than a century and would like things to stay that way. NV Energy in Nevada is owned by Warren Buffett. It has formed a cozy relationship with with the Nevada PUC, which has promulgated new rules that penalize those with rooftop solar systems in the state. As a result, SolarCity has recently shut down operations in Nevada, putting 500 people out of work. At the press conference, Musk made several remarks about the solar power industry and traditional power generation. He was careful to acknowledge that alternative energy can cause strains for traditional utilities and grid operators.

Full article: http://gas2.org/2016/07/28/musk-straubel-talk-model-3-ram...

Comments

  1. 28 Jul '16, 6pm

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