Watt It Takes
OhmConnect Co-Founder Matt Duesterberg
Feb 25, 2021
Matt Duesterberg, Co-founder of Ohmconnect, discusses building a virtual power plant using smartphones, software, and smart devices. Topics include their $100 million investment, challenges in clean tech fundraising, building a sustainable business, the future of Ohmconnect and energy, desire for sustainability, building a successful startup, and overcoming challenges.
39:06
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Quick takeaways
- Virtual power plants leverage smartphone technology and smart devices in homes to balance variable energy and make clean energy consumption more intelligible.
- Regulatory support, partnerships, and collective action are crucial for driving the adoption of renewable energy and smart grid technologies.
Deep dives
Building a Carbon-Free Future with Virtual Power Plants
Matthew Dusterberg, co-founder of OmConnect, discusses how virtual power plants can play a crucial role in achieving 100% clean energy. OmConnect empowers individuals to adjust their energy usage to stabilize the grid, while earning money in the process. By leveraging smartphone technology and smart devices in homes, OmConnect aims to balance variable energy and make clean energy consumption more intelligible. The company has secured significant investments and is building a 550 megawatt virtual power plant in California, the largest project of its kind. Dusterberg highlights the importance of regulatory support and partnerships in driving the clean energy transition.
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