| Time | Text |
|---|---|
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Energy Independence Challenge
00:05:35
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| Frank, when the Texas grid failed during the ice storm a couple of years ago, you remember that? | |
| I do. | |
| It was reported that they were four and a half minutes away from a total collapse of the grid in that area. | |
| How has it been that our country and all has allowed this to become so antiquated? | |
| Our grid is antiquated. | |
| It is, you know, when I was a kid, you know, they were running electric wires. | |
| But before that, your parents, they started running electrical wires. | |
| But that grid has not really been updated to withstand an EMP bomb. | |
| No, I mean, we're talking 140-year-old grid that basically is so vulnerable as we're talking about that it's like who is manning the ship? | |
| We're addressing all these other potential challenges, et cetera. | |
| And this is probably the most volatile and vulnerable part of our society today is the grid. | |
| Because as you mentioned, if that goes down, you know, virtually everything goes down. | |
| Our supply of food, our transportation, you name it. | |
| And we cannot survive very long without that. | |
| And we rely. | |
| People, you know, just take it for granted. | |
| You know, lights go on, you know, the stove, the TV, you name it, and everything that we depend upon in some form or fashion is dependent upon the electrical grid. | |
| Yeah, and we're moving as fast as possible to an all-electric country. | |
| They don't even want gas anymore. | |
| And so all these cars that depend on electricity would not be running. | |
| Well, the interesting thing is, let's say a normal Tesla. | |
| I have a Tesla, Model Y. | |
| It takes as much energy as a home to run. | |
| So if the grid right now is operating at about 33 percent efficiency, in other words, the grid has to produce enough energy to meet whatever the peak demands are. | |
| And so it's up here. | |
| But we're only using a third of it. | |
| And so what are the options? | |
| You either have to store that energy because once it's produced, it's gone unless you can store it somewhere and use it on demand, or you've got to build new infrastructure and sources of creating energy. | |
| And nobody's willing to foot the bill to do that. | |
| Right. | |
| Wow. | |
| That's exactly right. | |
| You have been developing lion energy products for many, many years, and I have them in my home. | |
| And how does having a fueless generator and other solar devices help if we have a physical or cyber attack and it hits our grid? | |
| Well, as I mentioned, you know, the beauty about it is there's the generation of energy that we're doing currently and wasting two-thirds of it. | |
| And so as we're talking, whether it be California or others, they're saying by 2030, you know, you can't, well, even right now, they're mandating you can't use gas-powered tools. | |
| And so now it'll be all convert to energy or to electrical vehicles. | |
| And so how can, if they can't even support right now, they're having rolling blackouts, you have one electrical car, how about two electrical cars per family? | |
| Now you've tripled the consumption demand on the grid. | |
| It won't support it. | |
| They're already saying you can't charge your cars, you know. | |
| So when it, and that's just a small percentage. | |
| Low power charge. | |
| Right. | |
| So anyway, what we're doing, and I believe the greatest opportunity and focus has got to be on capturing that energy and storing it and using it when we need it and where we need it. | |
| I mean, the Lion Energy's mission is to create energy independence by everything, by providing families, companies, utilities, the ability to draw from energy when they need it, where they need it, by taking everything from a small power bank all the way up to whole home solutions where you have that power backup. | |
| You control it. | |
| You're not controlled by plugging something into the wall. | |
| You control it because you have it. | |
| And we're doing it right now. | |
| I mean, we have contracts with major corporations. | |
| We're doing a whole city energy backup with containers of battery backup. | |
| So that's the future. | |