Elon Musk Offers to Fix Energy Problems in Australia Free of Charge
Elon Musk the billionaire owner of Tesla the electric car maker has offered to fix the energy issues in South Australia within a period of 100 days, claiming he would make the fixes for free if he did not meet the 100-day deadline.
The Musk offer comes following a number of blackouts due to different storms in the state that caused price increases, with local energy companies struggling in an attempt to meet demand following a large amount of infrastructure damage.
Musk founded SolarCity an energy company with Lyndon Rive his cousin. The company has merged with electric car maker Tesla where Musk is CEO. SolarCity makes solutions for solar energy for areas which are able to store energy during the course of the day and feed that back to an electrical grid in the area.
Rive said to AFR a news site in Australia that SolarCity would be able to install the battery storage of 100 to 300 megawatt per hour that is needed in South Australia to prevent any more power outages or blackouts. Rive also said that the work to install them could be completed within a period of 100 days.
Mike Cannon-Brookes, the founder of Atlassian a tech firm listed on Nasdaq is from Australia and was surprised by Rive’s comments.
Cannon-Brookes is worth more than $6.3 billion and asked Musk via Twitter if the statement by Rive was serious. The Tesla CEO responded by saying that Rive’s statement was in fact true.
South Australia senator Sarah Hanson-Young from the Greens Party afterwards reached out to the Tesla boss and asked to speak with him.
Rive said the required energy could be ready if the area did need it.
Rive added that there was not 300MWh just sitting ready to fire up, but he would make sure it would be there and ready to operate, adding that increased production has been taking place at the company’s Gigafactory located outside of Las Vegas, Nevada.
Cannon-Brookes requested that Musk give him a period of one week to sort all the funding and politics out then he requested a quote for the cost of the project.
Musk told Cannon-Brookes that the cost would be $250 per kWh for the systems of 100MWh-plus adding that any additional fees such as tariffs, installation and shipping would be variable depending upon the country, and were beyond his control.