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First Principles | Batteries are Bigger in Texas | Justin Lopas, Base Power @1stPrinciplesFM | Uploaded May 2024 | Updated October 2024, 2 hours ago.
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Episode 9: Justin worked at SpaceX and Anduril before starting Base Power, which is aiming to build a modern power company β€” and an energy trading business on top of it.

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Links:
Christian Keil – twitter.com/pronounced_kyle
Justin Lopas – twitter.com/JLopas
Base Power - basepowercompany.com

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Timestamps
(00:00) - Intro
(00:41) - What Base Power is Building
(03:26) - How Texas' Energy Grid and Market Works
(08:42) - Sponsor Break
(09:28) - Why Batteries are Needed to Support the Grid
(14:09) - Base Power's Unique Battery Deployment Model
(19:35) - Optimizing the Battery System Design
(24:14) - Streamlining the Deployment Process
(29:03) - Build vs Buy Decisions Across the Value Chain
(32:18) - Software Strategy Across Device, Cloud, and Customer
(36:00) - Balancing Customer Needs with Grid Services
(39:06) - Potential for DC Power Distribution in Homes
(40:31) - The Vision for Long-Duration Storage
(43:51) - Scaling Base Power and Driving Costs Down
(48:18) - Defining the Interfaces and Controlling the Value Chain
(52:04) - Advice for Startup Founders and Closing Thoughts
(56:11) - Conclusion

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Production and marketing by The Deep View (https://thedeepview.co). For inquiries about sponsoring the podcast, email team@firstprinciples.fm

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Batteries are Bigger in Texas | Justin Lopas, Base Power @1stPrinciplesFM

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