

Bringing down sky scrapers' sky-high carbon footprint with Joselyn Lai from Bedrock
Apr 23, 2024
Joselyn Lai, co-founder and CEO of Bedrock Energy, brings innovative geothermal heating and cooling solutions to urban buildings. Joined by Tim De Chant, a TechCrunch Climate reporter, they dive into the efficiencies of closed vs. open loop systems. Joselyn shares how they built a client base among urban builders and the ease of fundraising with proven technology. They also explore creating clean energy jobs for workers transitioning from oil and gas, emphasizing the importance of decarbonizing the built environment.
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First Customer
- Bedrock's first customer was CIM Group, a real estate fund with a net-zero goal.
- CIM, like other firms, needed to decarbonize while controlling tenant energy costs.
Grid Interconnection
- Geothermal heating/cooling, unlike solar, doesn't require grid interconnection or utility permission.
- This simplifies implementation, reduces utility concerns, and benefits building owners.
Early Hiring
- Bedrock's first hires were engineers from the oil and gas sector.
- Their skills in subsurface modeling and machinery operation transferred well to geothermal.