The Department of Energy’s Loan Programs Office has a grandstand view of the energy transition. Where is it going next?
Jigar Shah, one of the originators of the Energy Gang, now runs the Department of Energy’s Loan Programs Office, playing a key role in advancing clean energy projects. By helping to bridge the gap between R&D and large-scale deployment, it encourages private sector investment and supports the administration’s work to achieve its net zero goals.
Jigar was appointed Director of the LPO in March 2021 with a brief to “to rev those engines back up” after a quiet period under the Trump administration. He returns to the Energy Gang to discuss the progress he has made so far, and the goals he is working towards in the future. In particular, he talks about the hot topic of the moment in energy: how to meet increased demand for electricity driven by data centers for AI, new factories, and electric vehicles.
Much of the new load being added to the electricity system will not be flexible. Data centers mostly need to be available 24/7. So how is the grid going to manage these growing demands? Host Ed Crooks is also joined by Amy Myers-Jaffe, Director of NYU’s Energy, Climate Justice & Sustainability Lab, to discuss Jigar’s views on the solutions to these challenges.
Topics covered include Virtual Power Plants, enhanced geothermal and advanced nuclear. Those latter two are among the handful of sources of energy that we usually think about when we are discussing “clean firm power”. Geothermal in particular is generating a lot of buzz lately. What will it take to get it deployed at scale? Is it pulling ahead of advanced nuclear in the race to commerciality and large-scale deployment?
The Energy Gang will be recording live from the Global Energy Transition event in June in New York. To secure a discounted ticket, use the ENERGYGANG500 discount code. Visit https://events.reutersevents.com/energy-transition/global-energy-transition-new-york to book.
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Energy Gang