“Existing grid operators and companies that own the grid, AKA utilities, Really, we don't believe have this sort of technology approach to solving the problem and frankly have operational and financial challenges as well. And there's a bit of a sort of like old industry happening here that we just don't think is prepared for this low growth.”
quote is from the automated transcript, cleaned for reading:
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More from Justin White
PredictionNot checkable as stated
White: US grid transmission will fail to connect generation and demand
“Our view is that if you fast forward you know, a decade or two, what you would find is that there might be enough generation out there. There might be enough, you know, nuclear companies that, that come online or wind and solar or natural gas. And there will b…”
Justin WhiteApr 9, 2025▶ 5:42Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
“The incentive structure is, is, is interesting actually for these companies in that they are typically, typically financially incentivized to spend money, not to save money. So in defense, this is called cost plus in the utility world, it's called it's called …”
Justin WhiteApr 9, 2025▶ 36:46Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Opinion
White: Distributed home batteries are vastly superior to centralized utility-scale storage
“And so, the distributed model, we're proving out now, and we're hoping to continue to prove out is just a far more effective way to put the incremental storage onto the grid.”
Justin WhiteApr 9, 2025▶ 46:52Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
AssertionSupported
White: Texas produces significantly more wind and solar energy than California
“Texas has the most wind and solar of any state more, much more so than California, in fact.”
Justin WhiteApr 9, 2025▶ 10:06Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
Disclosure
White outlines Base Power's three-generation shift toward fully custom battery hardware
“Today we have basically three generations of hardware that we're either deploying or in process of deploying. And again, kind of back to the prior point we're iterating on hardware going more and more custom over time. So gen one has a bit of custom mixed in w…”
Justin WhiteApr 9, 2025▶ 29:32Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
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