
Watt It Takes
Pearl Street Technologies Co-Founder and CEO David Bromberg
Mar 27, 2025
David Bromberg, co-founder and CEO of Pearl Street Technologies, discusses the critical bottleneck in the U.S. grid interconnection process that has left 2.5 terawatts of renewable energy projects stalled. He shares how his company revolutionized interconnections through innovative software, drastically reducing evaluation times. Bromberg reflects on his transition from academia to entrepreneurship, securing partnerships, and the lessons learned about fundraising amidst the pandemic. He also discusses the cultural alignment following their recent acquisition by Inveris, shaping a sustainable energy future.
01:11:43
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Quick takeaways
- The interconnection process for renewable energy projects faces significant delays due to outdated systems and overwhelming demand, impacting project timelines severely.
- Pearl Street Technologies has developed innovative software solutions that significantly expedite the interconnection study process, transforming wait times from years to mere hours or days.
Deep dives
The Interconnection Challenge
The interconnection process is a crucial but complicated step for renewable energy developers, determining how new projects can connect to the power grid. This process is burdened by outdated systems and legacy software, leading to significant delays and complexities, particularly as electricity demand surges from various sectors like data centers and electric vehicles. Developers face an overwhelming average wait time of six years for grid interconnection approvals, with a staggering 2.5 terawatts of renewable projects stuck in queues nationwide. Overall, the outdated infrastructure has become a bottleneck in the clean energy transition, prompting a need for innovative solutions.
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