Texas energy grid challenges and solutions with Base Power’s Justin Lopas | E1960

This Week in Startups is brought to you by… OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist⁠ Squarespace. Turn your idea into a new website! Go to http://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist 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! * 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 * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Base Power: https://www.basepowercompany.com * Follow Justin: X: https://x.com/JLopas LinkedIn: https://www.linkedin.com/in/justinlopas * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (9:35) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (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 (36:09) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast