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Using Batteries for Home Power Supply in Texas
This chapter delves into the use of batteries as a power source for homes in Texas, discussing installation costs, operational strategies, and the economic model of providing batteries to stabilize energy demand and supply.
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Todays show:
Base Power’s Justin Lopas joins Jason to discuss the critical link between energy availability and GDP per capita, focusing on Texas' deregulated energy market and recent power outages (2:16). They also dive into ERCOT's role (7:40), dynamic grid pricing (20:04), batteries' potential for grid resilience (23:09), and more!
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Timestamps:
(0:00) Base Power’s Justin Lopas joins Jason
(2:16) Discussion on Texas energy grid and recent power outages
(5:34) Deregulated energy market in Texas
(7:40) How the Texas grid works and the role of ERCOT
(9:35) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(10:50) Issues with the Texas energy system, power outages, and comparison with California's energy issues
(20:04) Dynamic grid pricing in Texas
(23:08) ERCOT's procedures during overload conditions and the role of batteries in grid resilience
(25:39) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(30:40) Cost comparison with Tesla Powerwalls
(36:09) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(45:12) Current deployment status, operational challenges, and regulatory challenges in the energy market
(50:32) Proposal for trusted vendor programs and preferred vendor status
(1:03:41) Correlation between energy availability and GDP per capita
(1:04:19) Solving the energy problem to boost human prosperity
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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Check out Base Power: https://www.basepowercompany.com
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Follow Justin:
LinkedIn: https://www.linkedin.com/in/justinlopas
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Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(9:35) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(25:39) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(36:09) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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