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Elon Musk Says We Need Way More Electricity. Is He Right?

Nathaniel Taplin of The Wall Street Journal writes on electricity demand in the U.S.

The C3 Take
  • Musk has predicted that energy demand in the U.S. will triple by 2045 as Americans begin to drive more EVs.
  • While the exact degree of future demand is not certain, one thing is clear: the U.S. will need to generate more electricity in the future.
  • To meet future demand, lawmakers must implement meaningful permitting reform to see more transmission lines, nuclear power plants, renewable energy projects, and refineries built.

“A big part of the problem appears to be rising waiting times for grid connections—an issue that is part politics and part a consequence of the nature of wind and solar plants, which require more grid development because of their intermittency and oft far-flung locations. A lack of clear legal guidelines on who should pay for long-distance transmission lines and how to resolve permitting disputes could strangle the renewable build-out in its crib, unless Congress or federal regulators act quickly.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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