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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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Check out Base Power: https://www.basepowercompany.com

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Follow Justin:

X: https://x.com/JLopas

LinkedIn: https://www.linkedin.com/in/justinlopas

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X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

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(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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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Bonus episode: Housing market check in with Ivy Zelman, Logan Mohtashami and Dale Wettlaufer