EEI 2015: Why Elon Musk thinks the future is bright for utilities | Utility Dive

Interview with Elon Musk and SoCal CEO Ted Craver on Utility Dive, excellent read

The key, Musk said, is the shift toward an electricity-based economy. As consumers transition from petroleum-fueled vehicles to electric ones, Musk predicted that electricity demand would double or more, creating a huge new market for utility services. In the long run, distributed generation will likely account for about a third of electricity generation, Musk said, so there will still be plenty of need for central station power and the grid.

Source: EEI 2015: Why Elon Musk thinks the future is bright for utilities | Utility Dive

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