Tesla could land a huge 100 MW order for an Australian battery storage farm after founder Elon Musk floated a deal on Twitter.
The unconventional offer emerged after Musk told the Australian Financial Review that he could solve South Australia's energy woes within 100 days. The Australian state has been plagued by power shortfalls and blackouts, with one such incident recently prompting Deputy Prime Minister Barnaby Joyce to point the finger at wind energy despite evidence to the contrary.
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European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.