Elon Musk has warned that the world could soon face electricity shortages due to increased power demand from the growing adoption of electric vehicles and power-hungry technologies like artificial intelligence .that the CEO of the world’s biggest fully-electric car manufacturer — Tesla — raised his concerns on various occasions in the past few weeks.
“My biggest concern is that there’s insufficient urgency,” Musk said. “If you have a fairly static electricity demand, which has been the case in the US for a while, it hasn’t changed a lot, then having projects take a long time is okay.” Musk recently also told an energy conference in Austin that he couldn’t emphasise enough the need for more electricity.The billionaire has predicted that electricity consumption in the US could triple by 2045, partly thanks to the growing adoption of battery-powered cars.For example, PG&E has only forecasted a 70% increase in US electricity demand over the next two decades, while McKinsey has predicted demand will double by 2050.“We are definitely taking notes here,” Poppe told Musk.