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July 21, 2017 | Musk: Here’s How We Can Power the Entire US from Solar Panels

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Doing away with unnecessary friction costs and dramatically improving energy efficiency is a huge part of reducing expenditures and increasing savings again in the economy.

“If you wanted to power the entire U.S. with solar panels, it would take a fairly small corner of Nevada or Texas or Utah; you only need about 100 miles by 100 miles of solar panels to power the entire United States,” Musk said. “The batteries you need to store the energy, to make sure you have 24/7 power, is 1 mile by 1 mile. One square-mile. That’s it.”

See:  Elon Musk says it’s possible to power the entire US with solar

You can also watch a clip of Musk discussing renewable energy, storage and electric transportation here on July 15.

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July 21st, 2017

Posted In: Juggling Dynamite

One Comment

  • Avatar michael says:

    I will like to see what your write after Elon Musk fails. He is no more than a carnival barker and a government welfare queen. If it was feasible and made financial sense it would already be done.

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